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Why bad debts reserve come under credit side of profit and loss account?

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  • Why bad debts reserve come under credit side of profit and loss account?


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... Provisions for Adjustment, Expenses and Bad ... Expenses and Bad Debts! The Profit and Loss Account ... credit side of the Profit and Loss Account ...
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Positive: 84 %
RECORDING OF PROVISION FOR BAD DEBTS Financial Accounting Commerce Accounting ... Profit and Loss Account for the year ended ... Credit Side. Date. No ...
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Positive: 81 %

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... and loss account. Preparation of Final Accounts with ... the credit side of the profit & loss ... for bad debts. Profit & Loss ...
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Positive: 84 %
what are all the items comes under balancesheet(liability side ... profit and loss account credit side: ... a.general reserve b.profit and loss ...
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Positive: 79 %
Accounts Receivable Accounting. ... The credit is to the allowance for bad debts account, which is a reserve account that appears in the balance sheet.
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Positive: 65 %
profit and loss; balance sheet; Profit ... inform you whether your business made or lost money for the month under review. ... including loans, credit card ...
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Positive: 42 %

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