rs 200 due from hari are bad debts
journalise
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Answered by
18
Answer:
bad debts account debit
to hari account
Explanation:
Answered by
1
Introduction:
Loans or ongoing sums owing that are no longer regarded as collectible and must be wiped off are referred to as bad debt. This is a cost of doing business with credit-card consumers, as there is always some default risk when granting credit.
Explanation:
The journal entry would be as given in the image attached.
Attachments:
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