how to do the bad debts and RBD part in final accounts?
Hi Piyush
RBD is Reserve for Bad Debts and it is also known as 'Provision for Doubtful Debts', their treatment in final accounts can be studied from the study material available on our website. Follow the link given below:
https://www.meritnation.com/cbse/class11-commerce/studymaterial/accountancy/financial-accounting-part-ii/financial-statements/395_2372_14059#slide6_bad-debts-and-related-adjustments
In case of any doubt, you can always get back to us.
Keep studying!
RBD is Reserve for Bad Debts and it is also known as 'Provision for Doubtful Debts', their treatment in final accounts can be studied from the study material available on our website. Follow the link given below:
https://www.meritnation.com/cbse/class11-commerce/studymaterial/accountancy/financial-accounting-part-ii/financial-statements/395_2372_14059#slide6_bad-debts-and-related-adjustments
In case of any doubt, you can always get back to us.
Keep studying!