Accountancy, asked by taniyajoseph12, 6 months ago

Bad debt recovered Rs 2000 from Rakesh. Write journal

Answers

Answered by khushi22969

Answer:

cash a/c Dr. 2000

To bad debts recovered a/c Cr. 2000

Explanation:

Many a times the debt which is written off as bad debt is recovered later on. This recovery becomes a gain for the business and is credited to a newly opened account called bad debts recovered account.

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