Question

what is Bad debts ? what is the journal entry of this?

Answer 1

bad debts are the losses to be suffered by us
Bad debts all Dr
To bank/cash alc

Answer 2

Here is your answer.....

When the goods are sold to a customer on credit,and if the amount becomes irrecoverable due to his insolvency or for some other reason,the amount not recovered is called bad debts.
For recording it, bad debts account is debited and the customer's account is credited.

Journal entry. ▪▪▪▪▪▪▪
➡ Bad Debts A/c. Dr.
To cash / Bank a/c.

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