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प्रश्न
State whether the following statement is True or False.
Discount allowed to debtors is called as bad debts.
विकल्प
True
False
MCQ
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उत्तर
False
Explanation: The amount that is not recoverable from the debtors is termed as bad debts. It is a loss for the firm. On the other hand, discount may be allowed to debtors in case of early payment.
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