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CA Foundation doubt

If trial balance mai bad bebt, provision for bad and Doubtful debt and bad debt recovered given and new provision v create krna h to is case mai bad debt recovered la kya treatment hoga Agr formula us

Asked by Ravina17 Jun 2024334 views

3 answers

  1. Ravina · 18 Jun 2024

    👍👍👍

  2. Akash · 17 Jun 2024

    Bad debts recovered is a gain so it will be shown on P&L Cr. Side . If we adjust bad recovered with bad debts it will show wrong amount of bad debts which is wrong. Never adjust anything in this formula except bad debts , new bad debts , new rdd and old rdd.

  3. Sunil · 17 Jun 2024

    Bas debts recovered sidha profit and loss me credit hoga...bad debts recovered kabhi bhi bad debts ya provision for bad debts me adjust nahi hota

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