English

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

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Question

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

MCQ
Fill in the Blanks

Solution

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

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Basic Accounting Terminologies
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Chapter 1: Introduction to Book - Keeping and Accountancy - EXERCISE [Page 17]

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Balbharati Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
EXERCISE | Q 3. 3) | Page 17

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