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    subhashvk's Avatar
    subhashvk Posts: 1, Reputation: 1
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    #1

    Oct 13, 2012, 01:58 AM
    I have opening balance of sundry debtor which is actually not receivable
    I have sundry debtors having opening balances for current f.y. but they are actually not receivables. How should I closed said account?
    shivi2910's Avatar
    shivi2910 Posts: 1, Reputation: 1
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    #2

    Oct 13, 2012, 05:34 AM
    Simply by carrying forwarding the balnce to the next f.y...
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #3

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