Accounting 0452 · IGCSE · Irrecoverable debts and provision for doubtful debts

Irrecoverable debts and provision for doubtful debts — practice question

On 2 January, Razia wrote off $450 that Annette, a credit customer, owed her as irrecoverable. On 2 October, Annette made a cheque payment of $100 towards settling part of that debt. Which entries would Razia record on 2 October?

  • Adebit bank; credit debts recovered
  • Bdebit bank; credit irrecoverable debts
  • Cdebit debts recovered; credit bank
  • Ddebit irrecoverable debts; credit bank

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