Accounting Mcqs

The creation of provision for doubtful debts given as an adjustment requires____________?

(A) Debit Profit and Loss Account and deduct the provision from debtors

(B) Credit Profit & Loss Account and deduct the provision from debtors

(C) Credit Profit and Loss Account and add the provision to debtors

(D) Debit Profit & Loss Account and add the provision to debtors

Submitted By: Ali Uppal


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