Скачать или смотреть bad debts recovered journal entry class 11 - Explained with Animated Examples

We already cover the meaning and journal entries related to the bad debt in the previous article. In this article, we will discuss about that amount which is already written as bad debt in the books now got recovered. This recovered amount is known as bad debt recovered.

What is bad debt recovered?
The Bad debt recovered is the amount that was written as bad debts earlier but now received in a current financial year. It is treated as income/gain of business for the current year because in a related previous financial year it was written as bad debt and treated as loss/expanse. The total amount of bad debt also claimed as a loss in the books.

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Video: Bad Debts recovered journal entry class 11 - Explained with Animated Examples
Teacher: Mr. Sarabjit Singh
Video Director: Kuljeet Singh
Arranged & Programmed :- Tutorstips
Mix & Master :- Tutorstips

0:00 Introduction to Bad Debts recovered
1:00 meaning of bad debts
1:32 meaning of bad debts recovered
2:28 example of bad debts recovered
4:40 journal entry for bad debts recovered with golden rules of accounting
7:26 journal entry for bad debts recovered with modern rules of accounting

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