Depreciation

Dear,

Depn -Dr Bala (Non-cash exps)

Depn Provision- Credit Bala (Provision created for depn instead of direct charge/ crdit to asset a/c) entry .depn dr to depn prov & depn prov stud in l/bty prov side & depn trf into p& l A/c.& no effect on asset.i.e it cnt be dr or crtd.

Bad Debt- dr bal ( Expense)

Bad debt provision- Credit bala (provision created for non-receipt of money from debtors i.e from P& L A/c) entry . P&l A/c dr to bad debt provision n stud in bs l/bty provision side or P&l A/c dr to bad debt provision n bad debt prov dr to debtors a/c (so bad debt prov trf into debtors a/c which we were doing in 11 & 12th std final a/cs.) hence impact of dr bala n credit balance are alws same.