(i) An amount that is not recoverable from debtors is called bad debt.

Monjur Alahi

Do you agree or disagree with the following statement :

(i) An amount that is not recoverable from debtors is called bad debt.

(ii) The double-entry book-keeping system is invented in India.

(iii) Book-keeping does not have any rules and regulations for recording business transactions.

(iv) The owner of the business does not have any utility of book-keeping.

(v) Bookkeeping cannot be used as financial evidence in a court of law.


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1 Answers

Salim Ahmed Kawsar

Call

(i) Agree

(ii) Disagree

(iii) Disagree

(iv) Disagree

(v) Disagree

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