Which of these will not appear in the preparation of control account. I. Bad debts…

Which of these will not appear in the preparation of control account.
I. Bad debts
II. Discounts
III. Returns
IV. Provision for bad debts

  • A.
    I only
  • B.
    II and III
  • C.
    I and III only
  • D.
    IV only
Correct Answer: Option D
Explanation

Provision for bad debts and trade discount allowed will not appear in the account.

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