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Commerce · Q1393

Accounting

Graduate and Post Graduate · Commerce · question 1393

Q1393

Which of the following practices is not in consonance with the convention of conservatism?

A.
Creating provision for bad debts
B.
Creating provision for discount on creditors
Answer
C.
Creating provision for discount on debtors
D.
Creating provision for tax

Answer: Option B

Solution

Answer: Option B
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