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A/c head

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(Querist)
28 September 2010 under which a/c head bad debts will come??
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 September 2010 Bad debts w/off a/c.
Entry is :-
Bad debts w/off a/c Dr
To sundry debtor's a/c
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shakuntala chhangani

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shakuntala chhangani (Expert)
30 September 2010 Hi Supriya, it will come under selling and distribution overheads. However, u hv the option to show it as finance charges also.
Regards, CA Shakuntala Chhangani
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