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Accounting treatment of write off sundry debtors

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(Querist)
03 November 2024 what would be the journal entry of sundry debtors write off.
and what would be impact on tax purpose.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
03 November 2024 Debit: Bad Debts Expense (or Loss on Bad Debts) | [Amount]
To Sundry Debtors (or Accounts Receivable) | [Amount]
Bad debts, if irrecoverable, are allowed as an expense under Section 36(1)(vii) of the Income Tax Act.
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