Multiple Choice
In the situation that a debtor becomes unable to pay and the amount has not been anticipated through a provision for doubtful debts,what is the entry to record the bad debt?
A) Dr Debtors; Cr Provision for doubtful debts
B) Dr Provision for doubtful debts; Cr Debtors
C) Dr Bad debts expense; Cr Cash
D) Dr Bad debts expense; Cr Debtors
Correct Answer:
Verified
Correct Answer:
Verified
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