$198 owing by Brass Instrument Ltd is to be written off as a
bad debt?
how to pass the journal entry for this question?
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Answer Posted / husen
if $198 owing by brass inst.ltd is to be written off then
journal entry should be with my calculation
it should to trs.to profit & loss a/c bec.it never be return
from party
Bad Debts a/c ----------Dr $198
To Brass Instrument LTd a/c $198
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