A firm decides to create a provision for doubtful debts equivalent to 6% of debtors at the
Question:
A firm decides to create a provision for doubtful debts equivalent to 6% of debtors at the yearend.
The debtors figures for the years ended 31 December are as follows:
Show the provision for doubtful debts account for the years 2010–2013.
Transcribed Image Text:
Year 2010 2011 2012 2013 Debtors 11,900 12,800 12,800 11,650
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2010 Dec 31 Balance cd 2011 Dec 31 Balance cd 2012 Dec 31 Balance cd 2013 Dec 31 S...View the full answer
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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