Multiple Choice Questions on Provision for bad amp doubtful debts is created as of ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Provision for bad amp doubtful debts is created as of ........

General Accounting Principles Accounting cycles
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    Provision for bad & doubtful debts is created as % of

    Debtors amount
     

    Correct Answer

    Profit amount
     

    Incorrect Answer

    Sale amount
     

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Provision for bad & doubtful debts are to be calculated on the debtors after deducting bad debts from the debtors.

    By: NIHARIKA WALIA
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