what is the journal entry for bad debts?

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what is the journal entry for bad debts?..

Answer / harpreet

for example

Bad Debts A/c Dr 100/-
To Debtor/Customer A/c 100/-

Is This Answer Correct ?    370 Yes 35 No

what is the journal entry for bad debts?..

Answer / vijay jain

Bad Debts A/c Dr.
To Debtors A/c
(Opening entry)

P.& L. A/c Dr.
To Bad Debts A/c
(Closing entry)

Is This Answer Correct ?    257 Yes 19 No

what is the journal entry for bad debts?..

Answer / vaibhavi

BAD DEBT A/C ...................DR
TO DEBTOR'S A/C.
(BEING DEBTOR ARE IN DUE AND UNABLE TO PAY HIS DUE)

Is This Answer Correct ?    253 Yes 24 No

what is the journal entry for bad debts?..

Answer / hashim bim ali

the journal entry for this question is

bad debts a/c dr
to debtors a/c....

Is This Answer Correct ?    94 Yes 9 No

what is the journal entry for bad debts?..

Answer / mukesh ledwani

bad debts a/c dr
to
debtors a/c
(opening entry)

p&l a/c dr
to
bad debts a/c
(closing entry)

Is This Answer Correct ?    86 Yes 6 No

what is the journal entry for bad debts?..

Answer / ganesha

bad debts a/c dr xxx
to
debtors a/c xxx
(opening entry)

p&l a/c dr xxx
to
bad debts a/c xxx
(closing entry)

Is This Answer Correct ?    62 Yes 11 No

what is the journal entry for bad debts?..

Answer / kumaraswamy

the jr entry for this ques

baddebts a/c dr xxx
to debtors a/c xxx

Is This Answer Correct ?    50 Yes 11 No

what is the journal entry for bad debts?..

Answer / dinesh bansal

FIRST THERE WILL BE PROVISION FOR BAD DEBTS RESERVE FOR
THREE YEARS AND THEN THE ENTRY WILL BE PASSED FOR BAD DBETS
RESERVED. I AM CONFUSED WHETHER IT'S A OPENING ENTRY OR
CLOSING ENTRY ?

Is This Answer Correct ?    42 Yes 9 No

what is the journal entry for bad debts?..

Answer / praveen singh

First entry will be:
Bad Debts A/C Dr xxxx
To Debtors A/C xxxx


Final entry will be:
Profit & Loss Account Dr xxxx
To Bad Debts Account xxxx

Is This Answer Correct ?    26 Yes 1 No

what is the journal entry for bad debts?..

Answer / anupam

Bad debts a/c Dr 100
To Debtors a/c Cr 100

P&l a/c Dr 1000(Being a percentage of Debtors)
To Prov for D.Debts a/c Cr 1000

Prov for D.debts a/c Dr 100
To Bad debts a/c Cr 100

Is This Answer Correct ?    29 Yes 6 No

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