Multiple choice

Which account is the odd one out?

  1. Provision for doubtful debts A/c

  2. Provision for discount on debtors A/c

  3. Reserve for discount creditors A/c

  4. Provision for depreciation account
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Provision for doubtful debts, Provision for discount on debtors, and Reserve for discount on creditors are all contra asset/liability accounts related to debtors and creditors. Provision for depreciation is the odd one as it relates to fixed assets, not debtors/creditors.

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