Bad debts recovered are.....
ADebited to P & L A/c
BCredited to Bad Debts A/c
CCredited to P & L A/c
DDebited to Bad Debts Recovered A/c
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Related Questions:
Depreciation is a process of ----.
What was the educational philosophy behind Folk High Schools as promoted by Grundtvig?
A fixed percentage on the original cost of the asset is written off every year so that the value of the asset becomes zero at the end of its life period. The amount of depreciation charged annually
will be constant. This method is known as
The time period when the asset will be used is called
Who among the following requires accounting information to assess the risk and return on investment?