Journal
This query is : Resolved
06 June 2020
Kindly advise bad debts journal entry and its under which head
Give me in examples to understand
Give me in examples to understand
07 June 2020
BAD DEBT CHARGED UNDER PROFIT & LOSS ACCOUNT UNDER INDIRECT EXPENSE.
BAD DEBT AC
TO CUSTOMER AC
BAD DEBT AC
TO CUSTOMER AC
07 June 2020
kindly advise how to write off the entry for bad debts and comes in which head ?
09 June 2020
ALREADY ANSWERED ABOVE. BAD DEBT SHOULD BE TRANSF. TO P&L A/C
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