Accountancy, asked by asjish6048, 10 months ago

What is the meaning of all debtors are good??.. What will be the entry in revaluation acPfdd is given 7000Debtors 20000

Answers

Answered by manish2808

34

1. All debtors are good means that all debtors will pay on time and in full.

2. Entry is

Revaluation Dr.

To Provision for doubtful debts

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