When provision is made for doubtful debt, the accounting entries are debit

When provision is made for doubtful debt, the accounting entries are debit
  • A.
    profit and loss account, credit debtors account
  • B.
    debtors account, credit trading account
  • C.
    profit and loss account, credit sales account
  • D.
    trading account, credit debtors account
  • E.
    profit and loss account, credit provision for doubtful debt account
Correct Answer: Option A
Explanation
You May Also Like