CUET Accountancy - What would be the effect of the line "All Debtors are good. | PYQs + Solutions

CUET Accountancy 2022 23 Aug Shift 2

Partnership

Medium

Provision for Doubtful debt is Debited to old partner Capital A/c

Provision for Doubtful Debt is Debited to Revaluation Account

Provision for Doubtful Debt is Credited to old partner's Capital A/c

Provision for Doubtful Debt is Credited to Revaluation Account

✅ Correct Option: 4

CUET Accountancy 2022 23 Aug Shift 2 PYQs