Accountancy, asked by vishathiru12, 7 months ago

opening provision for doubtful debts journal entry​

Answers

Answered by jeremiahbiju00
0

Answer:

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Answered by Hemalathajothimani
1

Explanation:

This can be done with a journal entry that debits the provision for doubtful debts and credits the accounts receivable account; this merely nets out two accounts within the balance sheet, and so has no impact on the income statement.

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