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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

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B

Bad debts account

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C

Profit & loss account

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D

None of the above

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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


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