Accountancy, asked by sonam3502, 7 months ago

Rs 500 owing by prasad written off as bad debt journal enrty

Answers

Answered by ms178702

3

Explanation:

Bad debts a/c dr 500

To prasad a/c

amt which is not receivable from debtors is called Bad debts so we debted as an loss and credited to prasad a/c

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