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Creditors written back

Forums: Finance, Credit, Personal Finance, Finances
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Mekha
 
Reply Wed 28 Jan, 2009 08:07 am
How to treat the sundry creditors written back while revaluing assets and liabilities?
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Type: Question • Score: 0 • Views: 5,318 • Replies: 1
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Lakshay kataria
 
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Reply Sun 27 May, 2012 10:45 am
@Mekha,
credit on the revaluation a/c
Journal entry :
Creditors a/c dr.
To revaluation a/c
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