Question

What should I do when both bad debts and provisions for bad debts are given in trial balance and the adjustments are as below
*write off further bad debts ***
Create RBD at *%

Answer 1

bad debt, provision for bad debt,and further bad debt is to be charged to p/L account.
further bad debt is to be deducted from debtord while preparing balace sheet
(when the bad debt and provision for bad debt are shown in trial balance, it is adjusted with the debtors balance)