McqMate
| Q. |
Rebate on bills discounted is shown on the liability side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
| A. | Profit and loss account |
| B. | Income statement |
| C. | Balance sheet |
| D. | None of these. |
| Answer» C. Balance sheet | |
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