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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.
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What is the journal entry to charge-off a loan?
journal entry to write off a loan
What is the journal entry for bad debts written off and later realized?
Debit cashCredit bad debts
What is the general ledger journal entry to reverse the write off of accounts receivable?
Accounts Receivable - DR Bad Debts written off - CR
How do you start off a journal entry?
With what the date is. Or how your day went. Or what your feeling when your writing the journal. Or Dear, Diary
Which is the journal entry to write off an investment?
example suman moters of rs 10000 is write off then what is the entry
What is the journal entry to write off a loan to a company?
debit Retained earningscredit loan to company
Journal entry to write off old outstanding checks?
Debit bankCredit retained earnings
What is the journal entry to write off goodwill?
Debit retained earnings / amortizationCredit goodwill account
What is journal entry to write off note payble?
Debit notes payableCredit cash /bank
What is the journal entry for paying off an equipment loan?
debit equipment loancredit cash / bank
What is journal of written off entry for preliminary expenses?
[Debit] Amortization of Prelimenary expenses xxxx [Credit] Preliminary expenses xxxx preliminary expenses are amortized in equal amount intil it is fully write off.
What is the journal entry to write off financing costs?
Debit amortization of financing costCredit financing cost
