MCQOPTIONS
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| 1. |
Where do we show Provision of bad debts in final accounts if given in adjustments?I)Debit side of P&LII)Credit side of P&LIII)Deduct from Debtors in Balance SheetIV)Add to Debtors in Balance Sheet |
| A. | I and III |
| B. | II and IV |
| C. | II and III |
| D. | I and IV |
| Answer» B. II and IV | |