Accountancy, asked by namarpatelpcl1az, 1 year ago

received cash for a bad debt written off lastyear 5000

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Answered by kanhaiyaavp
11
heyaa,,,
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¤ journal entry for received cash for a bad debt written off lastyear 5000 will be ;
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cash a/c dr 5,000
to badebts recover a/c.5,000
(being baddebts recover which were written of baddebts.)
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¤ reason for debit and credit;

¤ cash is coming in so it will be debited.
and
¤ baddebts recover is an income for the business so it will be credited.
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hope it helps☺☺☺


Answered by mandhakalai7040
0

Answer:

Received cash for.a bad debts written off last year ₹ 5,000.

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