Please allow ads on our site
Loginwhy is provision for doubtful debts created?
Commerce & Accounting General 3 years ago
User submissions are the sole responsibility of contributors, with TuteeHUB disclaiming liability for accuracy, copyrights, or consequences of use; content is for informational purposes only and not professional advice.
Answers (2)
manpreet 3 years ago
A bad debt provision is a reserve against the future recognition of certain accounts receivable as being uncollectible.
No matter what stage you're at in your education or career, TuteeHUB will help you reach the next level that you're aiming for. Simply,Choose a subject/topic and get started in self-paced practice sessions to improve your knowledge and scores.
Similar Forum
Step marking in accountancy 12 class board exam ?
Step marking in accountancy 12 class board exam ?Explore Other Libraries
Online Exams
Question Bank
Career News
Feeds
Full Forms
Dictionary
Interview Question
Gigs
Quotes
Lyrics
Videos
Courses
Blogs
Tutorials
Forum
Educators
Corporates
Tools
manpreet![Tuteehub forum best answer]()
Best Answer
3 years ago
why is provision for doubtful debts created ?