while preparing a cost sheet , should bad debts be treated as selling and distributive overheads or is should be treated as loss and deducted from sales???
Rupesh
while preparing a cost sheet , should bad debts be treated as selling and distributive overheads or is should be treated as loss and deducted from sales???
Rupesh
Bad Debts should be disclosed in cost sheet under the head Selling and Distribution overheads
Hi,
there are different-2 arguments regarding the treatment of Bad debts.According to some authors it should be treated as selling and distribution exp but according to other it should not treated as selling & distribution exp.But it is better to treat the same as selling and distribution Exp.
Regards,
Ankit Kansal
thanks
OK
Shaswat initial support private limited
Ahmedabad
CS
View Details
CAclubindia
