The double entry for increasing provision for bad debt is...
The double entry for increasing provision for bad debt is debit
Debtor's account, credit provision for bad debt account
Profit and loss account, credit debtor's account
Debtor's account, credit profit and loss acount
Profit and loss account, credit provision for bad debt account
Correct answer is D
No explanation has been provided for this answer.
The following appears in trading account except ...
The amount for which a business is sold is that ...
\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ &a...
Patent and Trade mark are classified under ...
Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNT \(\be...