A

Admin • 831.35K Points
Coach

Q. Provision for doubtful debts is created for:

  • (A) Expected losses from customers
  • (B) Expenses payable
  • (C) Discount allowed
  • (D) Loss on sale of asset
  • Correct Answer - Option(A)
  • Views: 15
  • Filed under category Accounting
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Explanation by: Admin
Provision for doubtful debts is created to cover potential future bad debts.

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