written off
userrr (Accountant) (132 Points)
22 January 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14163 Points)
Replied 22 January 2019
you create Sundry creditors write off A/c in ledger , then transfer to profit & loss account under indirect Income .
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 22 January 2019
Harshavardhan
(student)
(138 Points)
Replied 22 January 2019
Based on the balances under Sundry Creditors they can be written off by transferring the balances to P&L A/c.
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