Which among the following statement is true: New provision for bad debts amdynt will be deducted from total debtors and net amount will be shown in the balance sheet assets su New provision for bad debts amount will be deducted from total debtors and net amount will be shown in the balance sheet bability side New provision for bad debts amount will be deducted from total debtors and net amount will be shown in the batance sheet assets side, New provision for bad debts amount will be added to total debtors and net amount will be shown in the balance sheet assets side. New provision for bad debts amount will be deducted from total debtors and net amount will be shown in the profit and loss account