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The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer?.

Solutions for The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The debt written off as bad, subsequently collected by proprietor in his personal capacity and kept by him. What is accounting treatment for this transaction?a)Debit – Drawings A/c & Credit Debtors A/cb)Debit – Cash A/c & Credit – Bad debts Recovered A/cc)Debit – Drawings A/c & Credit Bad debts Recovered A/cd)Simply ignore the transaction.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.