Payment not received from Debtos how to adjust


This query is : Resolved 

25 February 2021 Dear Sir,

One party has not given to us balance payment Rs.74400/-its pending from last 4 years. we have send many reminder and calling but not responding. Please suggest how to adjust the same in books of accounts.

25 February 2021 Write it off as bad debts to profit and loss account.


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