Accounting · Rectification of Errors
Rs. 5,000 received from a debtor, ABC Ltd., whose account was previously written off as bad debts, should be credited to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1ABC debtor's account
- 2Cash account
- 3Bad debts recovery account✓
- 4Bad debts account
Correct answer
Bad debts recovery account
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