What happens when a bad debt is recovered?

Related MCQs

• A bad debt recovered during the year will be
• At the end of the year Bad Debts Recovered Account is
• At the time of preparation of financial accounts, balance of Bad Debts Recovered Account will be transferred to
• The debts written off earlier as bad, subsequently recovered are
• Provision for bad debt is made as per the
• Amount set apart to meet loss due to bad debt is a