Which of the following statements is not va..

Question 1 Report

Which of the following statements is not valid?

provision for bad debts is deducted from debtors total in the Balance sheet

An increase in provision for bad debts appears on the debi side of the profit and loss account

a decrease in the provison for bad debts appears on the credit side of profit and loss accoun

the bas debt account is closed to the debit side of the profit and loss account

bad debt is a deduction from debtors total afte making provision for bad and boughtful debts