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Every company creates a provision for bad and doubtful debts every year out of the profits made. The allowance for doubtful accounts would appear as

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Every company creates a provision for bad and doubtful debts every year out of the profits made. The allowance for doubtful accounts would appear as a deduction from accounts receivable in the balance sheet of the company. Which accounting principle is best described here. a. Measurement b. Full disclosure c. Revenue Recognition principle d. Expense recognition principle Strong mathematical and statistical base will help a researcher to: a Check validity of results b. Helps to use proper methods to collect data c. Build experiments . d. All of these Clear my choice Five quires of paper were purchased by the office to be used for business purposes. It should not be classified as a fixed asset under which of the following accounting principle? a. Timeliness Principle b. Dual Aspect Principle c. Consistency Principle . d. Materiality Principle. Clear my choice

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