Question

What are the accounting entries for debtor impairment?

Answer 1

Its like this:

Dr. Impairment Loss (Profit & Loss)
Cr. Provision for impairment (Balance Sheet)

Comments

Isn't that the Provision is not allowed for debtors in the IAS 37?
Please explain if it's not..

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check here:
http://***.ifrsanswer.***/1/general-provision-for-doubtful-debts

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Then in the answer of the Tina says "Provision for impairment"(while the provision is not allowed for debtors) Please Explain.

Answer 2

Impairment losses should be recognized in P&L

Dr. Impairment Loss (Profit & Loss)
Cr. Relevant Asset Account (Balance Sheet)