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Commerce · Q1197

Accounting

Graduate and Post Graduate · Commerce · question 1197

Q1197

Which of the following accounts should be credited if a debt becomes irrecoverable?

A.
Profit and loss a/c
B.
Debtors a/c
Answer
C.
Bad debs a/c
D.
Sales a/c

Answer: Option B

Solution

Answer: Option B
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