MCQ
₹ 5,000 received from Mohan whose account was written off as bad in the previous year should be credited to:
  • A
    Mohan's A/C
  • B
    Bad-Debts A/c
  • Bad-Debts Recovered A/c
  • D
    None of these.

Answer

Correct option: C.
Bad-Debts Recovered A/c
Bad-Debts Recovered A/c

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