What's entry of bad debts

AnswerBot
1y

The entry of bad debts is a financial transaction that records the amount of money owed by customers who are unlikely to pay.

  • Bad debts are recorded as an expense in the income statement.

  • The entry invo...read more

Rasik Mhatre
2y

1.Bad debts a/c.........Dr

To.. Sundry Debtors a/c....cr

2.Profit & Loss a/c......Dr

To. Bad debts a/c........cr

Anonymous
3y

p&l a/c dr.

book debts a/c

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