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In case all debtors are good, the provision for doubtful debts appearing in the balance sheet will be ______ in Revaluation Account.

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Question

In case all debtors are good, the provision for doubtful debts appearing in the balance sheet will be ______ in Revaluation Account.

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Solution

In case all debtors are good, the provision for doubtful debts appearing in the balance sheet will be credited in Revaluation Account.

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Chapter 4: Retirement or Death of a Partner - OBJECTIVE TYPE QUESTIONS [Page 4.158]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 4 Retirement or Death of a Partner
OBJECTIVE TYPE QUESTIONS | Q (C) 5. | Page 4.158
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