Which Principle of Accounting Prescribes the Use of the Allowance

question 51

Multiple Choice

Which principle of accounting prescribes the use of the allowance method of accounting for bad debts?

• A) full disclosure principle
• B) historical cost principle
• C) revenue recognition principle
• D) matching principle

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Definitions:

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A prevalent condition that impacts the large intestine, leading to signs such as abdominal cramps, pain, swelling, flatulence, and either diarrhoea or constipation.

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Ayurvedic Medicine is a traditional system of medicine from India, focusing on balancing bodily systems using diet, herbal treatment, and yogic breathing.

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