Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
3.5k views
in Business Studies by (73.7k points)

Reserve for doubtful debts appearing in the trial balance should be:

a) credited to P & L a/c 

b) Shown as liability side in balance sheet 

c) Reduced from related asset in the balance sheet 

d) Both a and b 

e) Both a and c

1 Answer

+1 vote
by (77.6k points)
selected by
 
Best answer

e) Both a and c

Related questions

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...