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Where will you show balance of accounts like bad debts reserve and discount
Accountancy
Retirement / Death of a Partner
Question
Updated
19 Aug 2026
Where will you show balance of accounts like bad debts reserve and discount reserve on debtors at the time of retirement of a partner ?
A
Choose Your Answer
A
On the debit side of profit and loss account
B
Liability side of the balance sheet
C
Credit side of profit and loss adjustment account
D
Assets side of the balance sheet
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