when 20% of general reserve is transferred to provision for doubtful debt then provision for doubtful debt will come in the revaluation a/c or not ?

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Meenakshi Chidambaram answered this

no harshitha it will not come in revaluation a/c

Sankar Govindaraju answered this

Meenakshi is correct!... it won't come in revaluation a/c as the journal entry for the transaction will be,

"General Reserve a/c Dr.
To Provision for Doubtful debts a/c."

Harshita Kohli answered this

Thanks.

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Sayanth answered this

then where willl it come??????

Sankar Govindaraju answered this

the GR, after subtracting the amount transferred to provision, will be distributed to partners in capital a/c.

Provision will be shown in new balance sheet as a deduction from debtors.

Rishabh Jain answered this

Provision for doubtful debt is shown in revaluation account or not....

Rishabh Jain answered this

I think no it will not come in revaluation account

Anjali Rai answered this

It will be deducted from debtors in balance sheet, it will not be shown in revaluation account... Because while transferring it to provision, journal entry is made by debating general reserves a/c and crediting provisions for bad and doubtful debt a/c

Snehans Gupta answered this

If 25% of general reserve is transferred to provision for doubt full debt if 5000 provision is given

Nitin answered this

This provision is coming in revalutoion account

Yashashree answered this

Hie...in this case u r not require to make any new or extra reserve...unr using ur general resevre for provision of doubtful debts...hence there is no loss for this year...only u need to deduct it from debtor...

Sujal answered this

What is the treatment of 20% of the general reserve is to remain as a reserve for bad debts

Sakshi answered this

ye it will come in revaluation a/c .

X answered this

Yes, it will be shown on the debit side on Rev A/C.

Omer answered this

What will be effect of ;20% of general reserve will be transferred to provision for doubtful debts.

Viji. S answered this

Is the 10% of the general reserve was to be transfered to provision af doubtful debts?

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Bhargav Mestry answered this

50 50% of general reserve is to be maintained as reserve for doubtful debts

Vagisha answered this

No,0 provision for doubtfull debts never comes in revaluation account

Abhay Rathor answered this

No... The not show is Revaluation account

Harishankar Patidar answered this

General reserve will be transferred to provision for bad debts account

Mmmmm answered this

no it will not affect revaluation account

Himanshu answered this

20% of The Reserve is to remain as provision against bad and doubtful debts