Provision for discount on debtors is calculated on the amount of debtors.
A) before deducting provision for doubtful debts.
B) after deducting provision for doubtful debts.
C) before deducting actual debts and provision for doubtful debts.
D) after adding actual bad and doubtful debts.
Correct Answer:
Verified
Q13: In income measurement & recognisation of assets
Q14: Interpretation means
A)explanation of meaning and significance of
Q15: Which of the following is wrong?
A)all real
Q16: _ is root cause for financial accounting
A)stewardship
Q17: Which accounting concept specifies the practice of
Q18: Amount spent to increasing the earning capacity
Q19: Human resources will not appear in the
Q21: Which of the following is not a
Q22: Value of goods withdrawn by the proprietor
Q23: Which of the following is incorrect?
A)good will
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