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

Irrecoverable debts and provision for doubtful debts — practice question

Sally wanted to raise the balance on the provision for doubtful debts account at the close of the financial year. How ought this increase to be recorded?

  • Adebit income statement, credit provision for doubtful debts account
  • Bdebit irrecoverable debts account, credit provision for doubtful debts account
  • Cdebit provision for doubtful debts account, credit income statement
  • Ddebit provision for doubtful debts account, credit irrecoverable debts account

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