Question

A provision of doubtful debt was to be made equal to 5 percentage of the debtors

Answer 1

Debtor is recorded in the asset side of Balance sheet. 5% of debtor will be subtracted from debtors. The same amount will be debited in P&L A/C as "To provision for doubtful debts" or will be added to Bad debts as "provision for doubtful debts".