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Alec bedsers account in the sales ledger has been written off as debt irredeemable.?


his solicitors letter states that his business is being wound up where and how would you make this posting in the sales and nominal ledgers?

It would be just like any other entry only a negative. It's a tax deduction..

it credits debits bad debts and credits the debtors control account and the last posting is Alec bedsers account which it credits that aswell Report It

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