The amount set aside to meet the loss of bad debt is…

Related MCQs

• …….is a reserve created to meet any loss due to natural calamities.
• Loss Prior to incorporation is treated as ........... Loss, and Vendor’s Salaries are chargeable to ................ incorporation period.
• Satisfactory level of debt equity ratio is _________.
• ------ is a document which either creates or acknowledges a debt.
• ……………is an instrument of acknowledgment of debt.
• Debenture is a written ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of debt of a company
• The ratios that shows the capacity of the business unit to meet its short term obligation out of its short term resources is known as ______
• When an asset is sold or disposed of, where is the gain or loss recognised?
• Loss on issue or discount on issue of debenture is a…..asset
• Realization loss is transferred to …..