If a bad debt previously written off is subsequently repa...
If a bad debt previously written off is subsequently repaid, the amount collected is recorded as an
Income in the profit and loss account
Income in the balance sheet
Additional cash in the profit and loss account
Expense in the balance sheet
Correct answer is A
No explanation has been provided for this answer.
The unit which keeps government's books of accounts is the ...
Sundry debtor..................N20,000 Provision for bad debts........N500 Provision for bad deb...
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