Provision for doubtful debt account | Admission & Retirement of a partner Accounts Class 12 

Hnn whii bilkul shi kaha

1.Bad debts A/C DR 5000 To debtors 5000 2. Prov. For d.d. A/C. DR. 5000 To Bad debts 5000 3. Revaluation A/c Dr. 2750 To prov. For dd. A/c 2750 4.old partners capital A/c. Dr. 2750 To revaluation A/c 2750 (Note..distribute loss of revaluation between old partners in old ratio) (This was journal entries) of your question..... Ab aap jo revaluation accounts banaoge to usmein only PROVISION FOR DOUBTFUL DEBTS aayega DR. SIDE 2750 ka Or new balance sheet mein 5000 ke debtors less ho jaayenge bad debts ke karan to 55000 ke debtors rahenge or provision for doubtful debts dikha dena uske niche 2750 ka I hope this will help you......... Mujhe bhi iske har ek topics ko pura clear karne mein pura 1 din lag gaya 😴

Provision for doubtful debt is 2750

3000 pdd was maintained

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Sorry for inconvenience. 1 baar check kijiye maine just abhi bhja h.

General reserve Dr and provision CR of the given amount

​@@titaniumthrills3016 ab vo 12th pass hogaya bhai