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Question Practice

What is the purpose of creating a provision for doubtful debts?

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

What is the purpose of creatin...

Single Answer MCQ
Q-00053624

What is the purpose of creating a provision for doubtful debts?

1

To increase sales

2

To estimate uncollectible accounts

3

To reduce total debts

4

To entirely write off bad debts

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