Bad Debts

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4 Terms

1
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What is on debit side of Provision for Bad Debts a/c ?
Balance c/d
2
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What is on credit side of Provision for Bad Debts a/c ?
"Income Statement
Balance b/d
3
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Provision for bad debts Statement of Financial Position Layout
"Fixed Assets or Non-Current Assets

Current Assets
Inventory (Column 2)
Accounts Receivables (Column 1)
Less: Provision for Bad Debts (Column 1)_
Bank (Column 2)
Cash (Column 2)

Total (Column 2)
4
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Provision for bad debts Statement of Financial Position Layout
"Fixed Assets or Non-Current Assets

Current Assets
Inventory (Column 2)
Accounts Receivables (Column 1)
Less: Provision for Bad Debts (Column 1)_
Bank (Column 2)
Cash (Column 2)

Total (Column 2)