MCQ Practice

The creation of provision for doubtful debts given as an adjustment requires____________?

Subject: AccountingTopic: Accounting
A

Debit Profit and Loss Account and deduct the provision from debtors

B

Credit Profit & Loss Account and deduct the provision from debtors

C

Credit Profit and Loss Account and add the provision to debtors

D

Debit Profit & Loss Account and add the provision to debtors

Correct Answer: A