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Mr.nath who owned us 50,000vecame insolvent …

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Mr.nath who owned us 50,000vecame insolvent and paid only 40%of thus amount,when is term used for the amount not received and in which side of profit and loss account this amount is shown?

    • Posted by The Hydra Gamer 5 years, 9 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Surinder Singh Singh 4 years, 9 months ago

    bad debit is shown in trial balance of profit and loss Account bad debt is a expense and expense are shown in debit side

    0Thank You

    The Hydra Gamer 5 years, 9 months ago

    Hhshs

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