All content for COMMERCE is the property of Bindu K and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
USEFUL FOR TEACHING COMMERCE SUBJECTS FOR BBA AND M COM STUDENTS
New provision and further bad debts is always deducted from debtors in balancesheet and additional provision((bad debt+further bad debts+new provision)-old provision) to be debited or provided in profit and loss account and if old provision is more than bad debts+further bad debts+ new provision , difference is to be credited to profit and loss account. Ie A) (bad debt+further bad debt+ new provision)>old provision, then difference is debited to Profit and loss account. B) & if (bad debt+further bad debt+ new provision) < old provision, difference is to be credited to profit and loss account
COMMERCE
USEFUL FOR TEACHING COMMERCE SUBJECTS FOR BBA AND M COM STUDENTS
