P

Priyanka Tomar • 35.28K Points
Coach 

Q. At the time of preparation of financial accounts, balance of Bad Debts Recovered Account will be transferred to

(A) Debtor’s Personal a/c
(B) Profit & Loss a/c
(C) Bad Debts a/c
(D) Profit & Loss Appropriation a/c

Correct Answer - Option(D)

Share

Discusssion

Login to discuss.

Be the first to start discuss.

Related Posts

Q. What is the nature of joint venture with co-venture account?

Q. At the time of dishonor of an endorsed bill, which account would be credited by the drawee?

Q. Bills Receivable books is part of the

Q. If X co-venture takes away of goods under memorandum Joint Venture Method then he will debit these goods in his books to

Q. In a joint venture X and Y sharing p rofit and loss equally, X purchased goods costing of 40,000 and Y sold the goods for 50,000. X is entitled to get 1% commission on purchase and Y is entitled to get 5% commission on sales, the profit will be

Q. In a overdraft balance as per cash book, a cheque of 1,250 deposited into bank but not recorded in cash book will be

Q. AS – 09 deals with

Q. Which of the following will result in disagreement of Trial Balance?

Q. As regards the accounting treatment, Legacy should be

Q. At the time of preparation of financial accounts, balance of Bad Debts Recovered Account will be transferred to

View All Posts