Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

If the provision for doubtful debts is not created, which of the following entry is passed to record the bad debts in control account?

(i)_ Bad debts (Dr) and Debtors Control A/c (Cr)

(ii)_ Allowance for doubtful debts (Dr) and Debtors Control A/c (Cr)

(iii)_ Allowance for doubtful debts (Dr) and Debtors A/c (Cr)

(iv)_ Debtors Control A/c (Dr) and Allowance for doubtful debts (Cr)

user-image
Question added by Shazia Anees , Assistant Manager Finance , Arham Trading Company
Date Posted: 2015/05/19
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

(i) Bad debts (Dr) and Debtors Control A/c (Cr)

Naveed Ahmed Fazal Ahmed
by Naveed Ahmed Fazal Ahmed , Sr. Accountant , Sadita Holding (Crown Micro Trading Co.) Riyadh-KSA.

Bad debts Account Dr Account receivable Cr

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.