If actual bad debts are more than the provision for bad debts, then there will be a_____________??

Accounting Mcqs
BILAL KHATTAK0

A. Credit balance of Provision for Bad Debts Account 
B. Debit balance of Provision for Bad Debts Account 
C. Debit balance of Bad Debts Account
D. Debit balance of Discount on Debtors Account 

Related Mcqs:

  1. The entry for creating a Provision for bad debts is_____________??
  2. The creation of provision for doubtful debts given as an adjustment requires____________??
  3. If debit balance is greater than creadit balance then the account blance will be__________??
  4. The normal balance of capital account is_____________??
  5. Bad debts recovered account will be transferred to______________??
  6. Which of the following statements is incorrect regarding capital account??
  7. Goods in stock worth 800 are destroyed by fire and the Insurance Co. is accepted the claim for 600. Adjustment would involve?
  8. Which of the following statements is true??
  9. The normal balance of liability account is____________??
  10. The normal balance of asset account is____________??

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