Eicher Ltd. intentionally made excess provision for doubtful debt… - Vidyadip

Question

Eicher Ltd. intentionally made excess provision for doubtful debts. What term will be used for excess provision?

✓

Answer

Reserve.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Depreciation, Provisions and Reserves→Depreciation, Provisions and Reserves — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Bieflly state the rules of debiting and crediting accounts classified on the basis of Accounting Equation.

Give two advantages of a Journal.

What is meant by Revenue Reserve?

Give two examples of Current Assets.

What is meant by Purchases?

What is a Simple Journal Entry?

What is an accounting equation?

Mr. Dinanath who owed us 350,000 became insolvent and paid only 40% of this amount. What is term used for the amount not received?

Explain the meaning of the following term:
Debtors.

Write two points of distinction between bills of exchange and promissory note.