Dear sir
last year we pass the one bad debt entry for one customer due to not pay the amount, so we can close the account. but that customer current financial year sent the amount . how can pass the entry please give one solution
Menu
How to recall for bad debts
Replies (3)
Enter it's a income.
1. bank a/c dr.
to bad debts recovered a/c
2. bad debts recovered a/c Dr.
to profit and loss a/c
thank u sir
Recent Threads
- Taxation of RSU sold of foreign listed entity by e
- Form26QB in case of death of joint owner (seller)
- Exemption of allowance
- Hardship compensation recd from builder (redevelop
- ITC CLAIM REGARDING EXPENSES
- Section 54 exmeption on under construction propert
- Taking too long to process ITR-2
- RCM or not
- AIS NOT OPEN
- ICICI BHARAT 22 FOF AND NASDAQ 100 FOF CAP GAIN TA
Related Threads
CAclubindia
