Class 11 commerce students see the attachment and pls answer my question .
The question is from TS Grewal Double Entry Book Keeping pg no 8.50
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Answer:
1, bad debt a/c Dr 2500
cash a/c dr 2500
to mohan 5000
2 bad debt a/c Dr 8000
to ramesh a/c 8000
3 cash/ bank a/c dr 7500
bad debt a/c dr 7500
to shyam 15000
4 cash a/c dr 10000
to bad debt recovered a/c 10000
Explanation:
just remember bad debt is exp so it will have dr balance
creditor have cr balance
debtors have dr balance
cash have dr balance
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