Received Rs 15,000 from Mr Arman Suri, whose account was written off as bad-debt last year; to

Question:

Received Rs 15,000 from Mr Arman Suri, whose account was written off as bad-debt last year; to which account it shall be credited and why?

Options are:

i. Mr Arman Suri’s account ii. Bad-debts account iii. Bad-debts recovered account iv. None of these accounts

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