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How are debtors and their provision shown in Realisation Account?
ANet debtors on the debit
BBoth on the credit side
CGross debtors Dr, provision Cr
DProvision on the debit side
Answer & Solution
Correct answer: C. Gross debtors Dr, provision Cr
Debtors go at gross value to the debit and the provision for doubtful debts to the credit side.
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