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    5. Provision for Bad & Doubtful Debt is created in anticipation of actual bad debts on the basis of:

    Question

    Provision for Bad & Doubtful Debt is created in

    anticipation of actual bad debts on the basis of:
    A Conservatism principle Correct Answer Incorrect Answer
    B Going concern principle Correct Answer Incorrect Answer
    C Disclosure principle Correct Answer Incorrect Answer
    D Money measurement principle Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
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    Relevant for Exams:

    • Coal India Management Trainee
    • Coal India MT Legal

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