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A decrease in the provision for doubtful debts would result in:
  • a)
    An increase in liabilities.
  • b)
    A decrease in working capital.
  • c)
    A decrease in net profit.
  • d)
    An increase in net profit.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
A decrease in the provision for doubtful debts would result in:a)An in...
If provision for doubtful debts wud be decreased thn debit bal. of p & l would decrease ultimately net profit would increase.
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A decrease in the provision for doubtful debts would result in:a)An increase in liabilities.b)A decrease in working capital.c)A decrease in net profit.d)An increase in net profit.Correct answer is option 'D'. Can you explain this answer?
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A decrease in the provision for doubtful debts would result in:a)An increase in liabilities.b)A decrease in working capital.c)A decrease in net profit.d)An increase in net profit.Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A decrease in the provision for doubtful debts would result in:a)An increase in liabilities.b)A decrease in working capital.c)A decrease in net profit.d)An increase in net profit.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A decrease in the provision for doubtful debts would result in:a)An increase in liabilities.b)A decrease in working capital.c)A decrease in net profit.d)An increase in net profit.Correct answer is option 'D'. Can you explain this answer?.
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