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
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COST SHEET
Replies (4)
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
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