bad debts written off journal entry
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Answered by
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
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.
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