Kapil has decided to maintain a Provision for Doubtful Debts. Which of the following concepts should he

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Kapil has decided to maintain a Provision for Doubtful Debts.

Which of the following concepts should he apply in his accounts?

1. Going concern

2. Matching

3. Prudence

4. Realisation

A. 1 and 3

B. 1 and 4

C. 2 and 3

D. 2 and 4

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 27, 2023 09:15 AM

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Kapil has decided to maintain a Provision for Doubtful Debts. Which of the following concepts should he

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Kapil should apply the following accounting concepts in his accounts when m...View the full answer

Accounting A Level And AS Level

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