received cash rs 9800/- from ajay traders(sundry debtors) rs- 10000/- rest of the ammount as bad debt. (journal entries)
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Answer :
Cash A/c --------------------Dr. 9800
Bad debts A/c ------------Dr. 200
To Ajay's A/c 10,000
(Being Bad debts written
off)
Explanation:
According to Real Account,
cash account has to be debited .
Dr. : What comes in
According to Nominal Account,
Bad debts has to be debited as it's a loss for us.
Dr. : All expenses and losses
According to Personal Account,
Ajay's Accounts has to be credited.
Cr. : The Giver
Thank You ....
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