The following accounting entries are made when bad debt is recovered

FINANCIAL

JAMB 2015

A. debit bad debts accounts and credit bad debt recovered account
B. debit debtors accounts and recovered account
C. debit bad debts recovered account and credit bad debts account
D. debit bad debts account and credit profit and loss account

Correct Answer: D. debit bad debts account and credit profit and loss account

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