Bad Debts Written Off
This query is : Resolved
03 December 2008
Sir,
What do you mean bad debts written off? can u give me a example with journal entry
What do you mean bad debts written off? can u give me a example with journal entry
03 December 2008
It means that you are writing off (clearing or deleting) irrecoverable debtors from your books. For example X is your debtor from last 2 years for Rs. 50,000. you have tried your best to recover your amount and now it seems that you will not recover this amount. So you need to write off these bad debtors from your books. The entry will be as below:
Bad Debts written off A/c Dr. (P & L A/c) rs. 50,000.00
To Sundry Debtors Accounts (B. Sheet) Rs. 50,000.00
Bad Debts written off A/c Dr. (P & L A/c) rs. 50,000.00
To Sundry Debtors Accounts (B. Sheet) Rs. 50,000.00
Message likes :
6 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- NRI starting business in India
- Difference between Date of Payment and Date of Deduction?
- Journal entry of busniess expenses
- GST not cancelled by tenant
- FORM 141 SDV query
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Cash balance limit and property purchases limit
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
