Accountancy, asked by mishraaditi19046, 7 months ago

bad debts written off journal entry​

Answers

Answered by Anonymous
3

Answer:

Write off a bad debt

Use a journal entry to write off a debt. Debit the Bad debts account by the amount being written off. Credit the asset account where the bad debt is recorded by the same amount.

Answered by naTEA
10

Answer:

  • Write off a bad debt

  • Use a journal entry to write off a debt. Debit the Bad debts account by the amount being written off. Credit the asset account where the bad debt is recorded by the same amount.
Similar questions