Question

bad debts journal entry​

Answer 1

Answer:

bad debts a/c - dr.

to debtor

Answer 2

The answer of the following Question is given below

Explanation:

                                  Journal Entry

                              In the Books of (--- Ltd)

Date                          Particular                  Debit   Credit

               Bad Debts                 a/c    Dr       xx

               To Debtor                  a/c                          xx

       (Being Bed Debts Charge form debtor)

               Profit and Loss         a/c    Dr       xx

               Bad Debts                a/c                           xx

      (Being Bad debts loss write off from P&L a/c)

NOTE: Bad Debts is a type of revenue expense for an Organisation and all expenses must be Debited.

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