Bad debts recovered is:?
A. Credited to P
A. Credited to P
A. Replacement cost
B. Current cost
C. Cost to acquire less accumulated amortization
D. Cost less expired portion
A. Gains
B. Depreciation
C. Expenses
D. Capital expenditures
A. It must be in writing
B. It contains an unconditional promise to pay
C. It is payable to the bearer
D. It must be signed by the maker
A. Drawings
B. Bad debts
C. Accrued expenses
D. Reserve for discount on Sundry Creditors
A. Assets accounts
B. liability accounts
C. Cash accounts
D. Revenue accounts
A. Cash flow statement
B. Income statement
C. Statement of changes in equity
D. Statement of financial position
A. Working Capital
B. Circulating capital
C. Fixed capital
D. Trading capital
A. Debts included in Sundry Debtors which are doubtful in nature
B. Uncalled liability on partly paid shares
C. Claims against the company not acknowledged as debts
D. Arrears of fixed cumulative dividend
A. No flow
B. Sources
C. Uses
D. Gain