The double entry for recording provision for doubtful debt is: Dr. Doubtful Debts (P&L expense a/c) xxx Cr. Provision for Doubtful debt xxx Once it is certain that the debt has gone bad debt; following entry is made: Dr. Provision for Doubtful debt xxx Cr. Loan / Portfolio xxx
Yes allowance for doubtful accounts is shown in balance sheet
Provision for bad and doubtful debt is not go to profit and loss account, and it is go to balance sheet.
To make sure we don't run out of money for continuing operations in the event that doubtful accounts do not pay.
Provison for doubtful debts, under liabiliity, will be created by debiting bad debts account.
doubtful
More doubtful, most doubtful moister, moistest
There are some people opposed to the Lautenburg Amendment, and are undoubtedly trying to have it changed. It's doubtful, however, that they'll succeed.
doubtful, incalculable, unreliable, uncertain, inconstant
more doubtful, most doubtful more wooden, most wooden
Without Knowledge (or knowing). Used by people who say that it is impossible to know if there is a God or not. Some one who is doubtful or noncommittal about something. Some one who believes that it is impossible to know whether there is a God. Some one who is skeptical about the existence of God but does not profess true atheism.
« Can I answer this question ? » wondered the contributor, in a doubtful manner.
I am sure that Michael is doubtful of this.
During what timeframe? It is HIGHLY doubtful that statistics on this are available anywhere.
The only people likely to know are his Accountants. You can try asking them but it is doubtful they would reply.
An evil man is always doubtful. Without a doubt, Wikianswers is the best question and answer site.
A doubtful Digit is the space between the lines of a measuring tool