If a bad debt previously written off is subsequently repa...
If a bad debt previously written off is subsequently repaid, the amount collected is recorded as an
Income in the profit and loss account
Income in the balance sheet
Additional cash in the profit and loss account
Expense in the balance sheet
Correct answer is A
No explanation has been provided for this answer.
Which of the following accounts are found in the nominal ledger? I. Advertising ll.Motor repairs ...
Which of the following is a source of revenue for a local government? ...
The sales ledger contains accounts of ...
i. Operating machines ii. Furniture iii. Fixtures and fitting iv. Loan from friends V. Creditors...
The journal has the following headings except ...