Bad debts written off is shown as
...Bad debts written off is shown as
Debit in the sales ledger
Debit in the purchases ledger
Credit in the sales ledger
Credit in the purchases ledger
Correct answer is C
The journal entry is a debit to the bad debt expense account and a credit to the accounts receivable account. (Remember your account receivables are credit sales that is the sales journal).
The health department of Banjul Local Government incurred the following expenditure in 2020: ...
........................1/7/2005............30/6/2006 Drawings......................................
Offei, a petty trader sold goods for GH¢36,240. The gross profit being 3313% on co...