What is the Accounting treatment for Bad debt written off?

Chandra Sekhar Reddy , Last updated: 27 April 2020  
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BAD DEBTS WRITTEN OFF Bad debt: The amount which is not recoverable from debtors is called as Bad debt. It is also termed as Uncollectible amount. Bad debt is total loss to the firm, and it records in debit side of income statement. Methods of Accounting treatment for Bad debts: Accounting

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Published by

Chandra Sekhar Reddy
(Financial Analyst)
Category Accounts   Report

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