I. Bad debts
II. Discounts
III. Returns
IV. Provision for bad debts
A. I only
B. II and III
C. I and III only
D. IV only
Correct Answer: Option D
D. IV only
Explanation
Provision for bad debts and trade discount allowed will not appear in the account.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…