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Record the closing of a R500 irrecoverable debt in the General Journal for Larah Traders for February 2025.
Accounting
ScanSolve AI Answer
Here are the transactions recorded in the General Journal for Larah Traders for February 2025:
General Journal of Larah Traders
February 2025
| Date | Details | Folio | Debit (R) | Credit (R) |
|---|---|---|---|---|
| 3 | Bad Debts Expense | 500 | ||
| Debtors Control (I. Owe) | 500 | |||
| To write off irrecoverable debt | ||||
| 9 |
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