A

Admin • 831.35K Points
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Q. Bad debts recovered is shown in:

  • (A) Debit side of Profit & Loss A/c
  • (B) Credit side of Profit & Loss A/c
  • (C) Liabilities side of Balance Sheet
  • (D) Assets side of Balance Sheet
  • Correct Answer - Option(B)
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  • Filed under category Accounting
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Explanation by: Admin
Bad debts recovered is an income and is shown on the credit side of P&L A/c.

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