Provision entry

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8 Points Posted on 04 April 2020
hello,
please help me with, what will be the entry for provision for more than 180 days Accounts receivable
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On 04 April 2020 at 10:04 Report
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Quick Summary
This discussion clarifies the accounting treatment for accounts receivable outstanding for over 180 days. It explains that this situation is typically referred to as 'ageing of debtors' and involves a normal receivable entry, not a provisional one. The focus is on how to account for amounts that are still receivable but have passed the standard payment terms.

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teaching
2046 Points Posted on 04 April 2020
Is that amount receivable or income receivable???
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On 04 April 2020 at 17:11
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8 Points Posted on 04 April 2020
This is for the accounts receivable more than 180 days but receivable.
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On 04 April 2020 at 17:49
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Profession
28261 Points Posted on 04 April 2020
It's not a provisional entry.
it's normal receivable entry more than 180 days

it's called ageing of debtors.
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On 04 April 2020 at 19:34

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