Menu
written off
if there is amount balance in any creditors like Rs.10 or 20 so we transfer same in written off ledger then under which head we have to create written off ledger
Replies (4)
Indirect Income
you create Sundry creditors write off A/c in ledger , then transfer to profit & loss account under indirect Income .
if it's debit balance then acct head is Sundr Creditors Write-off under indirect exp
if credit balance then Sundry Creditors Written Back under indirect income
if credit balance then Sundry Creditors Written Back under indirect income
Based on the balances under Sundry Creditors they can be written off by transferring the balances to P&L A/c.
Recent Threads
- Gst me रजिस्ट्&
- Discuss and Download CA Inter Question Paper Janua
- Discuss and Download CA Final Question Paper Janua
- Accounting Entry for samples received from princip
- Many of my clients who are bank employees received
- Missed filing for AY 2022-23. TDS refund possible
- Form 26QB: Assessment Year Based on Payment Date o
- Revision of Tax Audit
- IT Return 2023-24
- LUT for Companies Using EVC and Not DSC?
Related Threads
CAclubindia
