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How do I treat bad debts written off while preparing a Profit and Loss account?

Accounting Finance
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Question added by Nyanzi Ibrahim , Accountant , Realm Visions Ltd
Date Posted: 2019/03/19
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Mohammed Shahid Ullah
by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Bad debts written off is to be debited against Profit and Loss account i.e. Profit & Loss will determine after deducting Bad Debt.

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