In the accounts of X, which of the following double entries is the correct way to record a historic credit sale that is now considered to be a bad debt in respect of Y, a credit customer?
A) Dr. Sales Cr. Y's account
B) Dr. Provision for bad debts account Cr. Y's account
C) Dr. Bad debts account Cr. Y's account
D) Dr. X's account Cr. Y's account
Correct Answer:
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