Accounting · Accounting Entries and Ledger
When an amount previously written off as bad debt is subsequently recovered, it should be credited to which account?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Bad debts recovered account✓
- 2Provision for bad debts account
- 3Bad debts account
- 4Debtors account
Correct answer
Bad debts recovered account
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