![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
The entry for creating a Provision for bad debts is |
A. | Debit Provision for Bad Debts A/c and credit Debtors A/c |
B. | Debit Debtors A/c and credit Provision for Bad Debts A/c |
C. | Debit Provision for Bad Debts A/c and credit Profit & Loss A/c |
D. | Debit Profit and Loss A/c and credit Provision for Bad Debts A/c. |
Answer» D. Debit Profit and Loss A/c and credit Provision for Bad Debts A/c. |
View all MCQs in
Financial AccountingNo comments yet