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

by | Aug 19 | Accounting WAEC | 0 comments

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 – profit and loss account, credit debtors account

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