At the time of finalization of Financial Statements, Bad debts written off are to be referred to Provisions
A. Provisions
B. Reserves
C. Capital A/c
D. Profit & Loss A/c
Answer:D
At the time of finalization of Financial Statements, Bad debts written off are to be referred to Provisions
A. Provisions B. Reserves C. Capital A/c D. Profit & Loss A/c