Which of the following is (are) characteristic(s) of Bad Debt?
A) It is a definite loss to the business .
B) It must be shown in Profit & loss account .
C) No provision is necessary for it .
D) All of the given options
Correct Answer:
Verified
Q16: _ expenses are shown in the profit
Q17: Which English alphabet is similar to the
Q18: Gross Profit is the difference between
A)Net Sales
Q19: The basic concepts related to Balance Sheet
Q20: The basic concepts related to P &
Q22: Only the significant events which affect the
Q23: If the Going Concern concept is no
Q24: Under which of the following concepts are
Q25: The underlying accounting principle(s) necessitating amortization of
Q26: Which of the following practices is not
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