📊 Financial Accounting
Q. The entry for creating a Provision for bad debts is
  • (A) Debit Provision for Bad Debts A/c and credit Debtors A/c
  • (B) Debit Debtors A/c and credit Provision for Bad Debts A/c
  • (C) Debit Provision for Bad Debts A/c and credit Profit & Loss A/c
  • (D) Debit Profit and Loss A/c and credit Provision for Bad Debts A/c.
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✅ Correct Answer: (D) Debit Profit and Loss A/c and credit Provision for Bad Debts A/c.

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