Accountancy, asked by suhairkhalidp, 10 months ago

define the term deficiency accounts

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Answered by BiswaShresikha

Answer:

Definition of deficiency account. : an account supplementing the balance sheet of a financially weak enterprise showing estimated realization values of assets and their insufficiency to meet creditors' claims and occasionally indicating the causes of the difficulty.

Answered by 0209pavithrashyam

Answer:

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