At the time of preparation of financial accounts, bad debt recovered account will be transferred to?

(A) Debtors A/c (X)
(B) Profit & Loss A/c ()
(C) Profit & Loss Adjustment A/c (X)
(D) Profit & Loss Appropriation A/c (X)

Answers: At the time of preparation of financial accounts, bad debt recovered account will be transferred to Profit & Loss A/c.