Question: When dealing with bad and doubtful debts a difference will arise between accounting and tax treatment of the item because under accounting principles the item

When dealing with "bad and doubtful debts" a difference will arise between accounting and tax treatment of the item because under accounting principles the item is recognised when ______ while under tax law the item is deductible when ______. Question 6 options: a) bad; sold b) written-off; bad c) doubtful; written-off d) bad; accrued

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