provision for bad depts belongs to which type of account
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ᴀᴄᴄᴏᴜɴᴛs ʀᴇᴄᴇɪᴠᴀʙʟᴇ ᴄᴏɴᴛʀᴀ ᴀᴄᴄᴏᴜɴᴛ
☛ᴛʜᴇ ᴘʀᴏᴠɪsɪᴏɴ ғᴏʀ ᴅᴏᴜʙᴛғᴜʟ ᴅᴇʙᴛs ɪs ᴀɴ ᴀᴄᴄᴏᴜɴᴛs ʀᴇᴄᴇɪᴠᴀʙʟᴇ ᴄᴏɴᴛʀᴀ ᴀᴄᴄᴏᴜɴᴛ, sᴏ ɪᴛ sʜᴏᴜʟᴅ ᴀʟᴡᴀʏs ʜᴀᴠᴇ ᴀ ᴄʀᴇᴅɪᴛ ʙᴀʟᴀɴᴄᴇ, ᴀɴᴅ ɪs ʟɪsᴛᴇᴅ ɪɴ ᴛʜᴇ ʙᴀʟᴀɴᴄᴇ sʜᴇᴇᴛ ᴅɪʀᴇᴄᴛʟʏ ʙᴇʟᴏᴡ ᴛʜᴇ ᴀᴄᴄᴏᴜɴᴛs ʀᴇᴄᴇɪᴠᴀʙʟᴇ ʟɪɴᴇ ɪᴛᴇᴍ.
☛ᴛʜᴇ ᴛᴡᴏ ʟɪɴᴇ ɪᴛᴇᴍs ᴄᴀɴ ʙᴇ ᴄᴏᴍʙɪɴᴇᴅ ғᴏʀ ʀᴇᴘᴏʀᴛɪɴɢ ᴘᴜʀᴘᴏsᴇs ᴛᴏ ᴀʀʀɪᴠᴇ ᴀᴛ ᴀ ɴᴇᴛ ʀᴇᴄᴇɪᴠᴀʙʟᴇs ғɪɢᴜʀᴇ.
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