A. debited to profit and loss account
B. credit to profit and loss discount
C. debit to debtors account
D. debited to provision for bad debts account
Correct Answer:
Option A – debited to profit and loss account
A. debited to profit and loss account
B. credit to profit and loss discount
C. debit to debtors account
D. debited to provision for bad debts account
Correct Answer:
Option A – debited to profit and loss account
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