Answer / husen

if $198 owing by brass inst.ltd is to be written off then
journal entry should be with my calculation

it should to trs.to profit & loss a/c bec.it never be return
from party

Bad Debts a/c ----------Dr $198
To Brass Instrument LTd a/c $198

GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry

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