When a debt thought to be irrecoverable and written off is subsequently recovered, which additional entry is required to complete the two entries given below? I. Debit Personal Account/Credit Irrecoverable Debts Recovered Account II. Debit Cash/Bank Account/Credit Personal Account
Debit Income statement/Credit irrecoverable debts recovered account
Debit Statement of Profit or Loss/Credit Cash/Bank account
Debit irrecoverable debts recovered account/Credit Statement of Profit or Loss account
Debit irrecoverable debts recovered account/Credit personal account
