bad debts written off is which type of account?
Answers
Answered by
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.
↫↫↫↫↫ Hope it helps you
Plz mark me brainlist ↬↬↬↬↬
Answered by
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.
hope it helps you plz mark me brainlist...✌️✌️✌️
Similar questions