Accounting Quiz or Test Your Accounting Knowledge On Discounts, Bad Debts and Provisions

Tweet Refresh or test your accounting knowledge by answering the following questions on Discounts, Bad Debts and Provisions  QUESTIONS: 1.0    Distinguish between trade discount, cash discount and settlement discount 2.0    How is cash discount treated for accounting purposes? 3.0    How are bad debts treated for accounting purposes? 4.0    A decrease in the provision for doubtful […]