是“不可收回的債務”，就是“Bad bedt" 壞帳。 不能收回的應收帳款。 是作為應收帳款的備抵項，減少資產，增加費用的。可參照下面詳解。 ●Irrecoverable debt: A debt which is considered to be uncollectible. - Highly unlikely that the amount owed will be received. - Written off by writing it out of the ledger accounts completely. ●Accounting for irrecoverable debts - It is prudent to remove the irrecoverable debts from the accounts and to charge the amount as an expense for irrecoverable debts to the I.S. - The original sales remains in the accounts as this did actually take place. Dr.Irrecoverable debts expense xx Cr.Receivables control account xx Example: Arctic Co.have total accounts receivable at the end of their accounting period of $45,000.Of these it is discovered that one, Mr.X who woes $790, has been declared bankruptcy, and another who gave his name as Mr.Jones has totally disappeared owing Arctic Co.$1,240. Write up the ledger accounts to reflect the writing off these debts as irrecoverable. Solution: Dr.Irrecoverable debts expense 2,030 Cr.Receivables control account 2,030 ●Accounting for irrecoverable debts recovered Irrecoverable debts are received When an irrecoverable debt is recovered, the accounting entry is: Dr.Cash xx Cr.Irrecoverable debt expense xx
是“不可收回的債務”，就是“Bad bedt" 壞帳。 不能收回的應收帳款。 是作為應收帳款的備抵項，減少資產，增加費用的。可參照下面詳解。 ●Irrecoverable debt: A debt which is considered to be uncollectible. - Highly unlikely that the amount owed will be received. - Written off by writing it out of the ledger accounts completely. ●Accounting for irrecoverable debts - It is prudent to remove the irrecoverable debts from the accounts and to charge the amount as an expense for irrecoverable debts to the I.S. - The original sales remains in the accounts as this did actually take place. Dr.Irrecoverable debts expense xx Cr.Receivables control account xx Example: Arctic Co.have total accounts receivable at the end of their accounting period of $45,000.Of these it is discovered that one, Mr.X who woes $790, has been declared bankruptcy, and another who gave his name as Mr.Jones has totally disappeared owing Arctic Co.$1,240. Write up the ledger accounts to reflect the writing off these debts as irrecoverable. Solution: Dr.Irrecoverable debts expense 2,030 Cr.Receivables control account 2,030 ●Accounting for irrecoverable debts recovered Irrecoverable debts are received When an irrecoverable debt is recovered, the accounting entry is: Dr.Cash xx Cr.Irrecoverable debt expense xx