Provision for discount on debtor on debtors is to be
...Provision for discount on debtor on debtors is to be
Debited to profit and loss account
Credit to profit and loss discount
Debit to debtors account
Debited to provision for bad debts account
Correct answer is A
No explanation has been provided for this answer.
A total of D 9,160 was entered in the sales account as D9,610. To correct this error: debit ...
Total production cost- #360,000 Factory overhead cost- #56,000 Selling price per unit- #120 Produ...
The corresponding entry of personal accounts found in the debit side of the cash is to ...
The subscribed share capital is ...
In a manufacturing company, wages paid to operatives increase the value of ...