The accounting entries required for increase in provision for doubtful debts are

The accounting entries required for increase in provision for doubtful debts are
  • A.
    debit profit and loss account, credit provision for doubtful debts account
  • B.
    credit provision for doubtful debts account; debit profit and loss account
  • C.
    credit trading account; credit provision and doubtful debts account
  • D.
    credit trading trading account; debit provision for doubtful debts account
  • E.
    credit debtor’s account; debit provision for doubtful debts account
Correct Answer: Option A
Explanation
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