Which of the following statements is not valid?
A provision for bad debts is deducted from debtors total in the Balance sheet
B An increase in provision for bad debts appears on the debi side of the profit and loss account
C a decrease in the provison for bad debts appears on the credit side of profit and loss accoun
D the bas debt account is closed to the debit side of the profit and loss account
Do you need a better understanding of this subject?
Do you need assignment help or homework help, tips and expos on how to pass your exams excellently well? Then Click Here To Start.
This tutorial class is limited to 250 students only. JOIN OTHER STUDENTS HERE NOW
