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Bad debts recovered is :

ADebited to P and L A/c

BDebited to trading accounts

CCredited to P and L A/c

DShown in the Balance sheet

Answer:

C. Credited to P and L A/c

Related Questions:

........... are defined as current assets excluding investments.
_________ expenditure yield benefit for a number of years
_______ is prepared to know the trading results of a business.
Cash Credit account is :
Example for Contigent Liability is :