Rebate on bills discounted is shown on the liability side of the ‐� – McqOptions

MCQOPTIONS

1.	Rebate on bills discounted is shown on the liability side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
A.	Profit and loss account
B.	Income statement
C.	Balance sheet
D.	None of these.
Answer» D. None of these.

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