what is the journal entry for bad debts?

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what is the journal entry for bad debts?..

Answer / mamoon ali

Dr. Bad Debts
Cr. Provision for bad debts

when bad debts occurs :

Dr . Provision for bad debts
Cr. Account Recievables (Debtors)

Dr. Profit & loss
Cr. Bad Debts

Is This Answer Correct ?    2 Yes 1 No

what is the journal entry for bad debts?..

Answer / ashish sharma

@umar farooq....
Dear Brother...thts the ryt answr i was searching
for ....nobody has given the clear idea before of this....:)
@Abdussalam....dear for ur information,the provisons are
only me created on profit rather u created on bad debts
directly........cud u tell me the effect of your entry??....

Is This Answer Correct ?    1 Yes 0 No

what is the journal entry for bad debts?..

Answer / appu prasad

Bad debts a/c Dr

To Debtors a/c

(opening entry)

If bad debts recovered then the closing entry will be

Bank a/c Dr

To Bad debts a/c

(Closing Entry)


Entry for Bad debt recovered

Bad debts recovered a/c

To Profit and loss a/c

Is This Answer Correct ?    0 Yes 0 No

what is the journal entry for bad debts?..

Answer / shreekanth

First bad debt amount will transfer to bad debt reserve A/c
Bad debt a/c
to bad debt reserve A/c

after we not get refund from party then we will pass
bad debt reserve a/c
to customer a/c



Srikanth.arlur
cell no:9743905344

Is This Answer Correct ?    1 Yes 1 No

what is the journal entry for bad debts?..

Answer / amit kumar

Bad Debts A/c Dr
To Sundry Debtors A/c

Is This Answer Correct ?    0 Yes 1 No

what is the journal entry for bad debts?..

Answer / parimal rohatgi

Bad Debts A/c...... Dr.
To Debtors A/c-...Cr.
(Being the due not received from the debtors)

Is This Answer Correct ?    0 Yes 1 No

what is the journal entry for bad debts?..

Answer / raman n

At the time of recognizing bad debt;
Provision for bad debts xxx
Bad debts (If bad debt exceed provision existing) xxx
To Sundry Debtors A/c xxx

Year end;

P&L A/c A/c xxx
To Bad debts xxx
(for amount reining in Bad debts A/c)

P&L A/c xxx
To Provision for Bad debts A/c xxx
(For provision calculated as required for the year)

Is This Answer Correct ?    0 Yes 1 No

what is the journal entry for bad debts?..

Answer / rajkumar srivastava

bad debts a/c Dr XXX
To debtors a/c XXX




P & L a/c Dr XXX
To Bad debts a/c XXX
end of the Ay.

Is This Answer Correct ?    0 Yes 1 No

what is the journal entry for bad debts?..

Answer / saakshi jain

BAD DEBTS ACCOUNTS DEBIT
TO DEBTORS ACCOUNTS

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what is the journal entry for bad debts?..

Answer / santhosh

We have pass the Two entry.

Bad debts A\c Dr XXXX
To Debtors A\c XXXX
(Being the bad debts adjusted in Debtors A\c)

P&L A\c Dr XXXX
To Bad Debts A\c XXXX
(Being the bad debts consider the Loss)

Is This Answer Correct ?    0 Yes 1 No

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