Accountancy, asked by yeshwanthyarlagadda6, 2 months ago


When bad debts are written off credit is given to

Answers

Answered by mayankmehta03022007
1

Answer:

If accepted, the 50% portion paid is moved from Accounts Receivable to Cash, while the unpaid portion is written-off, with the amount credited from Accounts Receivable and debited to Allowance for Doubtful Accounts or expensed to the bad debts expense account.

Answered by Anonymous
6

Answer:

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If accepted, the 50% portion paid is moved from Accounts Receivable to Cash, while the unpaid portion is written-off, with the amount credited from Accounts Receivable and debited to Allowance for Doubtful Accounts or expensed to the bad debts expense account.

l hope it's help you friend

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