Answer / b.narasimha rao

WHICH AMOUNTS ARE NOT RECOVERED FROM CUSTMER

Answer / ankita

i want to add one point that bad debts are deducted from
debtors in the balance sheet and they are shown on the dr.
side of profit & loss a/c as expense.

Answer / satyaki_raju@yahoo.com

Accounts receivable that proves to be entirely or partially
uncollectable despite collection efforts

Answer / atif

It is debts instead of debits. The amount which is not
recoverable from debtors is called bad debts.And it has to
be eliminated from receivables by passing an adjusting entry
at the end of a financial year.

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