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Journal

This query is : Resolved 

Kindly advise bad debts journal entry and its under which head

Give me in examples to understand


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

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

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


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