Adjustment of PFBD



PGBD means provision for bad debt. Its adjustment means to adjust its amount in profit and loss account and balance sheet. Actually, we first make the provision for bad debt account. On this account basis, we calculate the amount which goes to profit and loss account and which goes to balance sheet. More detail, you can see in above video.

Vinod Kumar

Educator

Prof. Vinod Kumar is an Indian Educator, Motivational Speaker, Naturopathic Practitioner and Entrepreneur . He is the founder of Svtuition... read more »

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