Which of these will not appear in the preparation of control account.

I. Bad debts

II. Discounts

III. Returns

IV. Provision for bad debts

  • A Bad debts
  • B I only
  • C II and III
  • D I and III only
  • E IV only

The correct answer is D. I and III only

Provision for bad debts and trade discount allowed will not appear in the account.

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