Fill in the gaps with 'debited', 'credited', 'income' or 'expense'. a. When a bad debt is written

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Fill in the gaps with 'debited', 'credited', 'income' or 'expense'.

a. When a bad debt is written off, the debtor's account is_________ and the bad debts account is_________ .

b. When the provision for doubtful debts is increased, the provision account is_________ and and the amount is entered in the income statement as an________ .

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 23, 2023 02:20 PM

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Fill in the gaps with 'debited', 'credited', 'income' or 'expense'. a. When a bad debt is written

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a When a bad debt is written off the debtors accou...View the full answer

Cambridge International AS And A Level Accounting

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