Provision for bad and doubtful debts is created in anticipation of actual bad debts onthe basis of:

Provision for bad and doubtful debts is created in anticipation of act

1.	Provision for bad and doubtful debts is created in anticipation of actual bad debts onthe basis of:
A.	Business Entity Concept;
B.	Conservatism Concept;
C.	Accrual Concept;
D.	Full Disclosure Concept.
Answer» C. Accrual Concept;