MCQOPTIONS
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| 1. |
At the time of preparation of financial accounts, bad debt recovered account will be transferred to |
| A. | Debtors A/c |
| B. | Profit & Loss A/c |
| C. | Profit & Loss Adjustment A/c |
| D. | Profit & Loss Appropriation A/c |
| Answer» C. Profit & Loss Adjustment A/c | |