At the time of preparation of financial accounts, bad debt recovered account will be transferred to?? Accounting Mcqs January 8, 2020 BILAL KHATTAK0 A. Debtors A/c B. Profit Related Mcqs: Bad debts recovered account will be transferred to______________?? The creation of provision for doubtful debts given as an adjustment requires____________?? The balance of which of the following accounts do not disappear, once they are debited/credited to Trading Account?? While finalizing the current year‘s accounts, the company realized that an error was made in the calculation of closing stock of the previous year. In the previous year, closing stock was valued more by 50,000. As a result? The balance of Revaluation Reserve pertaining to an asset that has been disposed off or retired can be transferred to?? Which of the following is not true with regard to preparation of Profit Which of the following is not a financial statement?? Depreciation Account appearing in the Trial Balance is shown in:? Financial policy is evaluated by which of the following?? The financial position of a company is considered to be sound if
