General Knowledge · Accounting
When preparing final accounts, to which account will you transfer the 'Bad Debts Recovered' account?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Profit and loss account✓
- 2Provision for bad debt account
- 3Debtors account
- 4Account receivable
Correct answer
Profit and loss account
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