A. Debtor’s Account
B. Profit and Loss Account
C. Provision for Doubtful Debt Account
D. Either (b )or
C. above
Related Mcqs:
- The creation of provision for doubtful debts given as an adjustment requires____________??
- At the time of preparation of financial accounts, bad debt recovered account will be transferred to??
- If actual bad debts are more than the provision for bad debts, then there will be a_____________??
- The entry for creating a Provision for bad debts is_____________??
- Goods in stock worth 800 are destroyed by fire and the Insurance Co. is accepted the claim for 600. Adjustment would involve?
- Identify the nominal account?
- Bad debts recovered is:?
- The annual financial statement of the estimated income and expenditure for the ensuring year is known as
- Depreciation Account appearing in the Trial Balance is shown in:?
- Which of the following account with normal balance is shown at the debit side of a trial balance??
