about bad debt written off

System · May 2004

pls help me. i have some trouble on the bad debt expenses , bad debt written off and bad debt recovered. tell me the journal entry please. thk u!

System · May 2004

about bad debt written off

You also seem to be having a fair bit of trouble with your keyboard. Simply remove the elephant from your return key, and you might be able to find any answers you get from people! ;-p

System · May 2004

about bad debt written off

When a bad debt is written off the double entry is: Dr Bad debt expense Cr Debtors. If a bad debt is recovered having previously been written off, it is credited to the bad debt expense account, i.e. the accounting treatment from the original write-off is reversed. It represents unexpected income. Accounting treatment Cash received: Dr Cash Cr Debtors but the debtor had already been written out of the debtors account, so reinstate debtor (by reversing the entry made for the original write off): Dr Debtors Cr Bad debt expense or (shorter): Dr Cash Cr Bad debt expense

System · May 2004

about bad debt written off

Thank u, BPPtutor But how "allowance for bad debts" works?

about bad debt written off

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