2500 received as bad debts recovered
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1
Answer:
Pls elaborate your question. what do you want to say.
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3
Answer:
Journal entry
Cash or bank A/c Dr 2500
To Bad debts recovered A/c 2500
(being bad debts recovered received)
Explanation:
Bad debts recovered a/c - nominal account , its income to the company therefore its credited
cash a/c - real account , where cash comes in therefore its debited
bank a/c - personal account , banker receives the cash therefore its debited
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