Which of the following is/are true? i. depreciation charges increase profits ii. reduction in provision…

Accounts - Principles of Accounts WAEC 1998

Which of the following is/are true? i. depreciation charges increase profits ii. reduction in provision for bad debt increases profit iii. undervalued stock increases profits

  • ii and iii checkmark
  • i and iii
  • iii
  • ii
  • i

The correct answer is: A

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