Bad debts recovered

Accountancy

How will be bad debts recovered treated in branch accounts ,stock and debtors method and it's entry will be????

Naveen Kumar

CA Final

★ 3K+

26-Jul-22 07:16

597

Answers (4)

Best Answer

1.if recovered in cash Branch cash a/c Dr to Bad debt recovered a/c 2.If Bad debts recovered transferred to P/L Bad debts recovered a/c Dr to Branch P/L a/c

Mounika Satya sai Mullapudi

CA Inter

★ 3K+

26-Jul-22 10:39

Bad debts recovered will be credited to branch p&l account.

Sajeetha R

CA Final

★ 46K+

26-Jul-22 08:42

Mounika Satya sai Mullapudi

1.if recovered in cash Branch cash a/c Dr to Bad debt recovered a/c 2.If Bad debts recovered transferred to P/L Bad debts recovered a/c Dr to Branch P/L a/c

Thank u so much for clarifying

Thread Starter

Naveen Kumar

CA Final

★ 3K+

26-Jul-22 19:27

Sajeetha R

Bad debts recovered will be credited to branch p&l account.

Thanks

Thread Starter

Naveen Kumar

CA Final

★ 3K+

26-Jul-22 19:29