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How to do the adjustment entry …

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How to do the adjustment entry of furter bad debts and provision for bad debts

Posted by Prachi Singh 7 years, 1 month ago

CBSE > Class 11 > Accountancy

2 answers

Aditya Mishra 7 years, 1 month ago

Less balance sheet to debtor and add p and l account.

Vishal Biyani 7 years, 1 month ago

Minus further bad debts from debtors and write it to the debit side of profit and loss account. For provision for doubtful debts minus it from debtors and write it to the debit side of profit and loss account.And if provision for bad debts appear in trial balance write it to the credit side of profit and loss account

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