Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 14 - No. 1) | ExamPlay

Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 14 - No. 1)

Which item reduces profit?

Irrecoverable debt

Trade payable

Accrual income

Prepaid income

Explanation

Irrecoverable debt will reduce profit.

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