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-   -   What is the journal entry for writing off an employee loan (https://www.askmehelpdesk.com/showthread.php?t=488945)

  • Jul 16, 2010, 02:10 PM
    krazyvic
    What is the journal entry for writing off an employee loan
    I have an employee loan on the books that I want to write off. What is the journal entry per GAAP?
  • Jul 17, 2010, 12:51 AM
    morgaine300

    You can write it off as bad debt, just like a customer bad debt. Debit the bad debt and credit the receivable from the employee.

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