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Vouchers is prepared for writing of the bad debts

Posted by Aaniya Shaikh 3 years, 7 months ago

CBSE > Class 11 > Accountancy

1 answers

Sia ? 3 years, 6 months ago

These vouchers are prepared to record the non-cash transactions of the business. Under the direct write off method, when a small business determines an invoice is uncollectible they can debit the Bad Debts Expense account and credit Accounts Receivable immediately.

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