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The bad debts written off 40000. …

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The bad debts written off 40000. Balance sheet me 80000 debtor hai. To revolution me kya hoga

    • Posted by Sonu Kashyap 4 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Shashi Ramachandran 4 years, 1 month ago

    Bad debt written off -------Asset (Debtor) decrease ------------Loss ------------ Dr. side of Revaluation A/c

    Note: Revaluation is nominal account. Nominal Account rule says 'Debit all losses and expenses and Credit all gain & income'

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