CA CPT Model Test Paper 9 with solutions for online practice

Question : 44 of 199

Marks: +1, -0

The following ledger posting in the debtors Account specify:

\table(\a) \Trade \Discount, (\i) \is \allowed \for \payment \before \a \certain \date

\table(\b) \Cash \Discount ,(\ii) \is \allowed \when \a \customer'\s \purchases \during\a \period \total \up \to \a \certain \figure.

\table(\c) \Bad \Debts ,(\iii) \allowed \when \the \order \of \goods \is \not \below\a \certain \figure.

\table(\d) \Rebate ,(\iv) \is \debited \when \all \hope \of \recovery \is \lost.

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