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What is the entry for bad debts recovered
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Answer / chandan_70036
Bank A/c Dr.
To Bad Debt Recovered A/c
(Being bed debt recovered)
Bad Debt Recovered A/c Dr.
To Profit & Loss A/c
(Being bad debt recovery transfered to P & L A/c)
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / sandeep kumar sharma
Cash A/c dr
To BedDebt Recovred A/c
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / andrew tereb
Account Receivable Dt
Allowance for doubtful accounts Ct
Cash Dt
Account Receivable Ct
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / venkatreddy
bad debts a/c dr
to detors a/c
(being bad dets)
| Is This Answer Correct ? | 0 Yes | 4 No |
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