Here I have explained the concept of Bad Debts and Recovery of Bad Debts with an example.
I have also explained the journal entries of both in a simple way.
⏱TIMESTAMPS
00:00 - Concept
03:08 - Accounting Treatment of Bad Debts
08:10 - Recovery of Bad Debts
11:37 - Quick Recap
Introduction to Accounting - Basics Concepts
• Basic Concept of Accou...
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