Making the provision for doubtful debts and discount on debtors in anticipation of actual bad debts and discount is an example for which concept
A. Conservatism concept
B. Continuity concept
C. Realization concept
D. All of these
Answer:C
Making the provision for doubtful debts and discount on debtors in anticipation of actual bad debts and discount is an example for which concept
A. Conservatism concept B. Continuity concept C. Realization concept D. All of these