Provision for doubtful debts is made in conformity with

  • A business entity concept
  • B money measurement concept
  • C prudence concept
  • D materiality concept
waec 2022accounting

The correct answer is C. prudence concept

Prudence also known as conservatism. The principles states that the accountant should not be anticipate income and will normally take figure that will understate rather than overstate the profit.

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