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Q. |
The creation of provision for doubtful debts given as an adjustment requires |
A. | Debit Profit and Loss Account and deduct the provision from debtors |
B. | Credit Profit & Loss Account and deduct the provision from debtors |
C. | Credit Profit and Loss Account and add the provision to debtors |
D. | Debit Profit & Loss Account and add the provision to debtors |
Answer» A. Debit Profit and Loss Account and deduct the provision from debtors |
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