The creation of provision for doubtful debts given as an adjustment requires____________?

A. Debit Profit & Loss Account and add the provision to debtors

B. Credit Profit & Loss Account and deduct the provision from debtors

C. Credit Profit and Loss Account and add the provision to debtors

D. Debit Profit and Loss Account and deduct the provision from debtors

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.