Recall the bad debts


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 April 2018 Dear sir
I need some clarification list out below please give any one solution..
we close the one account for bad debts entry passed to close the account due to customer not give the money, so we close the account in last financial year. But he sent the amount in this financial year how can I adjust the amount .

15 April 2018 do bank A/c Dr to Bad Debts recovered A/c

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
16 April 2018 Yes.. Enter as a income head.

16 April 2018 to the other experts - if you are sure your answer is correct, please don't keep the query open.

16 April 2018 we pass the journal entry or receipt entry sir

16 April 2018 already told you what entry to pass...

16 April 2018 sorry sir, thank u

16 April 2018 you are most welcome....

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
17 April 2018 In mobile App "No resolved option. If replied then it is also open query"... If "Bad Debts" accounted in Profit and Loss account (Expenditure)... After its recovered then account in Profit and Loss account (Income)... Also I replied agree with the 1st reply and only reply the accountability of income head...

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
17 April 2018 In mobile App a query posted as anonymous... If any one attend the query as same way then it's taken also anonymous reply... Please try....


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details