New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Journal entry for recording of bad debt expense is which

    one among the following?
    A Bad Debt A/c Dr. To Debtor Correct Answer Incorrect Answer
    B Bad Debt A/c Dr. To Cash Correct Answer Incorrect Answer
    C Bad Debt A/c Dr. To Provision for Doubtful Debts Correct Answer Incorrect Answer
    D Provision for Doubtful Debts A/c Dr. To Debtors Correct Answer Incorrect Answer

    Solution

    Bad debt being an expense will be debited and Decrease in an asset (debtor) will be credited.

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