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Question Practice

If the provision for discount on debtors is increased in the accounts, what is the likely impact on profit?

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MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - II
Question Bank

If the provision for discount ...

Single Answer MCQ
Q-00053679

If the provision for discount on debtors is increased in the accounts, what is the likely impact on profit?

1

Profit decreases

2

Profit increases

3

Profit remains unaffected

4

Profit fluctuates

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