A. Drawings
B. Bad debts
C. Accrued expenses
D. Reserve for discount on Sundry Creditors
Related Mcqs:
- The Profit and Loss Account shows the:?
- The gross decrease in economic benefits for the business are what??
- Which of the following are current assets of a business??
- Which of the following is not a contingent liability??
- Identify the nominal account?
- Any gain on the sale of non-current assets should be _________ from the net profit and the loss must be _________to the net profit in determining fund from operation??
- Net loss occurs when______________??
- Which of the following shall not be deducted from net profit while calculating managerial remuneration??
- If actual bad debts are more than the provision for bad debts, then there will be a_____________??
- Which of the following is not a deferred revenue expenditure??
