Accountancy, asked by snehat167, 3 months ago

under which accounting concept provision is made for doubtful debls?

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Answered by shrishtipundir1

so it should always have a credit balance, and is listed in the balance sheet directly below the accounts receivable line item. The two line items can be combined for reporting purposes to arrive at a net receivables figure.

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under which accounting concept provision is made for doubtful debls?​

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under which accounting concept provision is made for doubtful debls?