PLEASE PLEASE HELP! QUESTION Balance sheets

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Please can you help, If writting off a debt where does it sit on the balnce sheet?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PLEASE PLEASE HELP! QUESTION Balance sheets

    Multiple post - answered on other forum.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PLEASE PLEASE HELP! QUESTION Balance sheets

    Dr Bad Debts
    Dr VAT (if there is any)
    CR Sales Ledger Control Account


    Hope thats helpful??

    XxX Jo XxX

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