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Irrecoverable Debts & Provision for Doubtful Debts

Exam code: 7707
1 hours · 7 questions
11 mark

Louhi made the following entries in her ledger.

account debited

account credited

irrecoverable debts

Jaden

What was she recording?

  • A.

    A credit customer has failed to pay by an agreed-upon date

  • B.

    A debt has been recovered which had previously been written off

  • C.

    An amount owed by a credit customer cannot be recovered

  • D.

    Louhi has been unable to pay her supplier

Choose your answer
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