I have sundry debtors having opening balances for current f.y. but they are actually not receivables. How should I closed said account?
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I have sundry debtors having opening balances for current f.y. but they are actually not receivables. How should I closed said account?
Simply by carrying forwarding the balnce to the next f.y...
If they are not receivables then they are uncollectables, bad debts and should be written off
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