In order to arrive at trade receivables is BDR is deducted from debtors?
Answers
Answered by
1
Answer:
Explanation:
yes
Answered by
0
Answer: When a specific receivable is declared a bad debt, the accounting transaction is a debit to the bad debt reserve and a credit to the accounts receivable account. The bad debt reserve is designed to be an offset only to the trade receivables account.
Explanation:
Similar questions