received cash for a bad debt written off lastyear 5000
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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.)
_____________________________
¤ 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.
_____________________________
hope it helps☺☺☺
_____________________________
¤ journal entry for received cash for a bad debt written off lastyear 5000 will be ;
_____________________________
cash a/c dr 5,000
to badebts recover a/c.5,000
(being baddebts recover which were written of baddebts.)
_____________________________
¤ 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.
_____________________________
hope it helps☺☺☺
Answered by
0
Answer:
Received cash for.a bad debts written off last year ₹ 5,000.
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