what will be the entry for baddebts write off.
what will be the entry for baddebts write off recovered.
Answers were Sorted based on User's Feedback
Answer / suresh kumar
1. Bad debts a/c Dr
To Sundry Debtors a/c
2. Cash/Bank a/c Dr
To Bad debts recovered A/c (Recovere Amount)
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / nisar
1 . Bad debt account Dr
To Provision for bad debt
(When we think its un collectable)
Provision for Bad debt a/c dr
To Debtors account
(Next year when we sure is un collectable)
2 Debtors account dr
To provision for bad debt
Bank A/c dr
to Debtors account
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / riyaz
How to post bad debt recovery voucher entry in tally erp9
| Is This Answer Correct ? | 0 Yes | 0 No |
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