Accountancy, asked by karansahani588, 11 months ago

What is provision for bed dept.
What is provision for bed dept.

Answers

Answered by RonakMangal
1

Answer:

A bad debt provision is a reserve against the future recognition of certain accounts receivable as being uncollectible. The credit memo reduces the bad debt provision account with a debit, and reduces the accounts receivable account with a credit.

Answered by kaulsdevika211
0

Answer:

A bad debt provision is a reserve against the future recognition of certain accounts receivable as being uncollectible. The credit memo reduces the bad debt provision account with a debit, and reduces the accounts receivable account with a credit.

Explanation:

Similar questions