Question

Bad debt written off and now received are credited to​

Answer 1

Answer:

While journalizing for bad debts debtor's personal account is credited and bad debts account is debited because bad debts written off are treated as a loss to the business and now when they are recovered it is seen as a fresh gain.

Answer 2

Debtor's personal account

Explanation:

• A debtor's personal account is used to write off bad debts and bad debts received are stored here.
• The bad debts that are denigrated or decried are nothing but a means that accounts to losses in the profession. These are all well shown in a debtor's account that is personal. When these bad debts are recuperated, these are looked upon as benefits or boosts that are as good as new to the certain business.
• Some debtors tend to disregard creditors on the account of annulling the bad debts that have been piled on in the account and when these debtors tend to choose and determine the formation of a new and fresh payment, it is generally termed as the bad debts on the process of recovery.

Therefore, bad debt written off and now received are credited to​ Debtor's personal account.

Learn more about bad debts

https://brainly.in/question/22179746?msp_srt_exp=5

Learn more here

https://brainly.in/question/26691163?msp_srt_exp=5