ExamPlay Dark Logo
შესვლა

Accounting for IGCSE & O level - Final Statements (Section 10 - No. 1)

What is the effect of writing off a bad debt?
Decrease in assets
Decrease in liabilities
Decrease in equity
Increase in equity

ახსნა

Writing off a bad debt reduces an asset (accounts receivable) and indirectly decreases equity through a decrease in profit.

კომენტარები (0)

განცხადება