MCQOPTIONS
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MCQOPTIONS
| 1. |
The entry for creating a Provision for bad debts is |
| A. | Debit Provision for Bad Debts A/c and credit Debtors A/c |
| B. | Debit Debtors A/c and credit Provision for Bad Debts A/c |
| C. | Debit Provision for Bad Debts A/c and credit Profit & Loss A/c |
| D. | Debit Profit and Loss A/c and credit Provision for Bad Debts A/c. |
| Answer» E. | |