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What is the entry for bad debts recovered
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Answer Posted / k
cash a/c................Dr
To Bad debts a/c.
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Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
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