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In case of Bad Debt such amount should be credited to
1.Cash account
2.Debtors account
3.Sales account

Answers were Sorted based on User's Feedback



In case of Bad Debt such amount should be credited to 1.Cash account 2.Debtors account 3.Sales a..

Answer / satyaki_raju@yahoo.com

In case of bad debt the bad amount has to be credited to
debtors account

Is This Answer Correct ?    39 Yes 2 No

In case of Bad Debt such amount should be credited to 1.Cash account 2.Debtors account 3.Sales a..

Answer / ca. parveen goyal

in case the bad dedts arise on account of amount
unrecovered for the sale made earlier then the same should
be credited to the respective debtors account. however the
same should be done only after reasonable follow up for its
recovery and after reasonable period of time (say 2 or 3
years)

Is This Answer Correct ?    8 Yes 2 No

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