Bad Debts Recovered

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Bad Debts Recovered is when an account receivable has been written off and is recovered, this account, which is in the Other Revenue category, is credited in the direct write-off method if the recovery is in a year following the write-off.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Bad Debts Recovered. When an account receivable has been written off and is recovered, this account, which is in the Other Revenue category, is credited in the direct write-off method if the recovery is in a year following the write-off.


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