WAEC Financial Accounting 2005 Question 25

Question 25

Control Accounts

Which of the following is not credited to debtors control account?

  1. A.Provision for bad debt
  2. B.Bad debts
  3. C.Discounts allowed
  4. D.Bills receivable.
Show the answer and explanation

Answer: A (Provision for bad debt)

Explanation

The provision is kept in its own account and is not entered in the control account.