Rectification entry for- Baddebt recovered Rs5000 has not been posted from cashbook
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Answer:
badebt recover a/c ......dr. 5000
to cash a/c. . 5000
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Rectification entry of Bed debt recover.
Explanation:
Books of (---- Limited)
Journal Entry
Date Account Title and Explanation Debit Credit
Cash a/c Dr 5,000
To Bed debts recover a/c 5,000
(Being Rectify entry of Bed debt recover)
Explanation: Error of omission, under this rectification bed debt recover now posted as credit.
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