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Question Practice

Which entry is made when the estimated provision for discount on debtors is revised during the year?

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

Which entry is made when the e...

Single Answer MCQ
Q-00053690

Which entry is made when the estimated provision for discount on debtors is revised during the year?

1

Adjusting the profit and loss account only

2

Adjusting debtors account only

3

Adjusting both profit and loss and provision accounts

4

No adjustment is necessary

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