Question

Bad debts Recovered `1,000 will be credited to which among the following accounts?

A Bad Debts Accounts Correct Answer Incorrect Answer
B Bad debts recovered account Correct Answer Incorrect Answer
C Cash Account Correct Answer Incorrect Answer
D Receivables Account Correct Answer Incorrect Answer
E Provision for doubtful debts account Correct Answer Incorrect Answer

Solution

Entry for bad debt recovered will be Cash A/c Dr, Bad Debt recovered account Cr.

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