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The answer is: bad debt expense should be classified as General & Administrative Expense in Profit & Loss. Financial information presented in prescribed forms or schedules that require a prescribed form of auditor 's reports. It participates with the FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) and the GOVERNMENT ACCOUNTING STANDARDS BOARD ( GASB ) in establishing accounting principles. About the Book Comprehensive Guide to Ind AS Implementation is a book covering summary of Ind ASs along with the guide to implementation of Ind AS.

Pages: 126

Publisher: Forgotten Books (September 27, 2015)

ISBN: 1332060757

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