Accounts (Principles of Accounts) · Accruals, prepayments and provisions

Accounts (Principles of Accounts)Accruals, prepayments and provisionsJAMB

Bad debts of ₦4,000 are written off. The double entry is

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Answer: A. debit bad debts account, credit the debtor's account

The loss is an expense (debit) and the debtor's balance is cleared (credit).

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