Accountancy, asked by amlanphkn7579, 6 months ago

Journal entry in the books of a debtor when bad debt occur

Answers

Answered by lakhwinderduggal786

0

Explanation:

To record the bad debt entry in your books, debit your Bad Debts Expense account and credit your Accounts Receivable account. To record the bad debt recovery transaction, debit your Accounts Receivable account and credit your Bad Debts Expense account. Next, record the bad debt recovery transaction as income.

Previous Question

Next Question

Similar questions

Computer Science, 3 months ago

What is conditional operator give suitable example...

Science, 3 months ago

82. Answer in one or two sentences. I which body is responsible for the prevention and control of pollution...

Math, 3 months ago

expand (7m+4)2 plz give me solution...

Math, 6 months ago

What is the extraacting square roots of 2s²=50...

Math, 6 months ago

Choose any one topic from the list and draw one poster on "Mental Health Wellbeing" on an A4 Size Paper. Make sure to add one line caption to your poster. Colour your poster neatly. Write your full name, class and section on the soft copy. Only you can stop bullying Eat healthy… Live healthy Be kind to others. Live Happy... NO COPY PASTE FROM GOOGLE...

English, 11 months ago

what does a rebel do when everybody keep short hair...

English, 11 months ago

fill in the blanks with the correct present tense of the verb 1.he_(wake)up at 5a.m. every day to play to play cricket...

Math, 11 months ago

factorise the 6ab-a , taking out the highest common factor...