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Posted: August 13th, 2024

Which one of the following is not related to the convention of conservatism

Which one of the following is not related to the convention of conservatism ?(A) Making provision for doubtful debts and discount on debts in anticipation of actual bad debtors and discount(B) Valuation of stock at Market Price or Cost Price whichever is higher(C) Charging of small capital items as Revenue(D) Adopting Written-down Value Method of depreciation as against Straight-line Method

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