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Question Practice

What impact does the provision for doubtful debts have on the net profit calculation?

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

What impact does the provision...

Single Answer MCQ
Q-00053658

What impact does the provision for doubtful debts have on the net profit calculation?

1

It increases net profit.

2

It decreases net profit.

3

It has no effect on net profit.

4

It only affects gross profit.

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