While preparing P/L account , rebate on bills discounted to be provided shall be deducted from discount received in -------- | Faculties

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Mr. Dubey

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📊 Corporate Accounting

Q. While preparing P/L account , rebate on bills discounted to be provided shall be deducted from discount received in --------

(A) Schedule 16
(B) Schedule 15
(C) Schedule 14
(D) schedule 13

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✅ Correct Answer: (D) schedule 13

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