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Debit debt account
Credit cash / bank

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โˆ™ 2014-11-23 14:41:43
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Q: How do you make a journal entry paid business debt on account?
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What is the journal entry for a bad debt account?

Debit bad debtsCredit accounts receivable


What are the accounting journal entry to record the exchange of debt for equipment?

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What is the general ledger journal entry to write off bad debts?

The general ledger journal entry for the uncollectible bad debt would be considered a loss in ledger. Debit the account named Bad Debt Expense for the amount and credit the account Accounts Receivable for the amount.


What is the journal entry to write off customer accounts?

You would credit the customer account and debit bad debt.


Accounting where would you put a bad debt entry?

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When there is an allowance for bad debts on the balance sheet the journal entry for writing off an account receivable is?

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When there is an allowance for bad debts on the balance sheet journal entry for writing off an account receivable is?

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What is the journal entry for bad debts recovered?

Bad Debts Recovered Account Dr. To Bad Debts Account


What is the journal entry to record outstanding debt in a new set of books when the cash was received by the old acquired company?

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Adjusting journal entry to record bad debt?

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