CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which account is credited while recording the entry of bad debts of Mr. Ram amounting to Rs 10,000 given in adjustments?


A

Ram`s account

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B

Bad debts account

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

Profit & loss account

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A

Ram`s account


The entry shall be

Bad debts A/c Dr 1,000

To Ram A/c 1,000


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Transactions Omitted to Record
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon