Yes provision of doubtful debt is part of current assets as accounts receivable is part of current assets and this allowance is for short term period.
The larder is short by just one provision.
Rider
SMS means Short Message Service
With the process of provision we create the amount and set aside to payment for taxes in future as it is payable in short term future that's why it is called current liability.
short term
Short-Term
Answer: Short Term
it can be long term....it can be short term depends if it is RAM is short term..while ROM is long term....
Statement of Financial Position constitutes both "Long Term Provisions" as well as "current provisions" depending upon their nature and upon the fact that whether they fulfill the criteria for long or current provisions. This fact is evidenced by the sample statement of financial position as provided in IAS1 of IFRS where the long term liabilities constitute an item "provisions" and under the head of short term-liabilities there exists an item named "current provision".
long term mostly but in some short term
Short term