Select the most appropriate alternative from the given below and rewrite the statement. Amount which is not recoverable from customer is known as ______________. - Book Keeping and Accountancy

Advertisement
Advertisement
MCQ
Fill in the Blanks

Select the most appropriate alternative from the given below and rewrite the statement.

Amount which is not recoverable from customer is known as ______________.

Options

  • Bad Debts

  • Debts

  • Debtors

  • Doubtful debts

Advertisement

Solution

Amount which is not recoverable from customer is known as Bad Debts.

Concept: Basic Accounting Terminologies
  Is there an error in this question or solution?
Chapter 1: Introduction to Book - Keeping and Accountancy - Exercises [Page 17]

APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
Exercises | Q 3. 3) | Page 17
Share
Notifications



      Forgot password?
Use app×