Journal entry for provision for doubtful debt

AnswerBot
1y

A provision for doubtful debt is a journal entry made to account for potential losses from customers who may not pay their debts.

  • Provision for doubtful debt is recorded as an expense in the income sta...read more

Mohan Gowda
1y

Provision for doubtful debt A/c

To Debtors A/c

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