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Question Practice

Why should provisions for doubtful debts be created?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

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

Why should provisions for doub...

Single Answer MCQ
Q-00053543

Why should provisions for doubtful debts be created?

1

To comply with tax regulations

2

To estimate likely losses on receivables

3

To increase total assets

4

To reduce cash flow

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