Hi,
In FY 2022-23 my Doubtfull Debts ason 31-03-23 is Rs. 4.00 lacs and entry made
Dr. Provision for Doubtfull Debts 4.00 lacs (PL)
Cr Bed Debts A/c 4.00 lacs (BS)
Now in FY 23-24 my my doubt ason 31-03-24 is Rs. 2.50 lacs, kindly advice for treatment entries in PL& BS FY 23-24. Thanks & Regards,
CMNITY HIRE
New Delhi
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Sri Aurobindo Gnostic Centre of Education
New Delhi
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CAclubindia
