How can I Truncate/Clear SQL Server Error Log ?

We may have faced an issue like SQL Server error log is getting filled with entries...!

So, We just want to clear the error log entries.. right ?

Oh.. Wait!

First, Tell me that How to read the entries from my SQL Server Error Log ?  (from Active/current file) then we can move into further ...:)

Read SQL Server Error log (Active file)
EXEC master.dbo.xp_readerrorlog 0, 1, NULL, NULL, NULL, NULL, N'desc'

Ok. Then how to write a new entry into the SQL server Error log ?

Log an entry into SQL Server Error log
RAISERROR('SQL Server Buddy',16,1) WITH LOG

Now,  Can we go further to clear the log entry ? YES

we can use either...

To clear SQL Server error log
DBCC errorlog
--or
EXEC sp_cycle_errorlog