Provision for bad debts is made as per the

1.	Provision for bad debts is made as per the
Answer» Conservatism concept Provision for BAD debts is made as PER the Conservatism concept. The conservatism PRINCIPLE is the general concept of recognizing expenses and liabilities as soon as possible when there is uncertainty about the outcome, but to only recognize REVENUES and ASSETS when they are assured of being received.

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Conservatism concept

Provision for BAD debts is made as PER the Conservatism concept. The conservatism PRINCIPLE is the general concept of recognizing expenses and liabilities as soon as possible when there is uncertainty about the outcome, but to only recognize REVENUES and ASSETS when they are assured of being received.

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Provision for bad debts is made as per the

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