Journal

This query is : Resolved

farook (Querist)
Follow

06 June 2020 Kindly advise bad debts journal entry and its under which head

Give me in examples to understand

c.bakshi (Expert)
Follow

07 June 2020 BAD DEBT CHARGED UNDER PROFIT & LOSS ACCOUNT UNDER INDIRECT EXPENSE.
BAD DEBT AC
TO CUSTOMER AC

farook (Querist)
Follow

07 June 2020 kindly advise how to write off the entry for bad debts and comes in which head ?

c.bakshi (Expert)
Follow

09 June 2020 ALREADY ANSWERED ABOVE. BAD DEBT SHOULD BE TRANSF. TO P&L A/C

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess