What should be done after a bug is found?

After finding new bug, need to communicate and assigned to prospective developers. After the issues is resolved the bug, should be retest.

Bug reporting format is given below---

Bug id

Assigned date

Bug Status

Bug priority/Severity

Reference URL

Test Descriptions

Steps to be taken

Bug type (Functioanl, GUI, and DB)

Assigned to

Resolved date

Comment