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Management Sciences
MEDIUM
ENGLISH
Management Sciences
The creation of provision for doubtful debts given as an adjustment requires____________?
Debit Profit and Loss Account and deduct the provision from debtors
Correct answer
B
Credit Profit & Loss Account and deduct the provision from debtors
Option B
C
Credit Profit and Loss Account and add the provision to debtors
Option C
D
Debit Profit & Loss Account and add the provision to debtors
Option D
Correct answer: A
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