New Enroll in RBI Grade B New Batch - Starts on May 21

    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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