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Bad Debt Recovered | Explained with Journal Entry Example

In this accounting lesson, we explain what bad debt and bad debt recovered are. We show how to record a bad debt recovered journal entry and how to account for bad debt recovered in the income statement (Statement of Comprehensive Income). How to easily Remember DEBITS and CREDITS | Simple Tip: https://youtu.be/_AKoCgOlTcw Debit and Credit ...

27.6K viewsNov 28, 2020

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