If a bad debt previously written off is subsequently repaid, the amount collected is recorded as an
a
income in the profit and loss account
b
income in the balance sheet
c
additional cash in the profit and loss account
d
expense in the balance sheet
Explanation
Correct Option
aNo explanation available
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hendris
13 years ago
correct, and it will be added to the gross profit after been b/d on the P&L account
