how do we account for money mistakenly credited in firm's bank a/c
2- same for the wrongly debit the a/c and doesn't refund ??
how do we account for money mistakenly credited in firm's bank a/c
2- same for the wrongly debit the a/c and doesn't refund ??
This is a good way
Dr. Loan
Cr. Bank
When they did not refund
Dr. Bad debt written off
Cr. Loan
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
