Question
Bad debtors written off are recorded as a_______ in financial statements(1)
A.
Liability
B.
equity
C.
debtors
D.
Expense
A.
Liability
B.
equity
C.
debtors
D.
Expense
Answers
GPT-4o mini
Bad debtors written off are recorded as an **Expense** in financial statements. Therefore, the correct answer is:
**D. Expense**
**D. Expense**