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View Full Version : I have opening balance of sundry debtor which is actually not receivable


subhashvk
Oct 13, 2012, 01:58 AM
I have sundry debtors having opening balances for current f.y. but they are actually not receivables. How should I closed said account?

shivi2910
Oct 13, 2012, 05:34 AM
Simply by carrying forwarding the balnce to the next f.y...

paraclete
Oct 13, 2012, 02:31 PM
If they are not receivables then they are uncollectables, bad debts and should be written off