Accountancy, asked by chiragjain21, 9 months ago

bad debts written off is which type of account?

Answers

Answered by Anonymous
5

Answer:

Direct write off method. The seller can charge the amount of an invoice to the bad debt expense account when it is certain that the invoice will not be paid. The journal entry is a debit to the bad debt expense account and a credit to the accounts receivable account.

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Answered by silentlover45
9

◀️◀️◀️Answer ▶️▶️▶️

Direct write off method. The seller can charge the amount of an invoice to the bad debt expense account when it is certain that the invoice will not be paid. The journal entry is a debit to the bad debt expense account and a credit to the accounts receivable account.

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