At 31 December 2002 a business had a Provision for Doubtful Debts of $1200 At 31 December 2003 the provision was adjusted to $900 How did this affect the final accounts A B C D Net profit decrease by $300 decrease by $300 increase by $300 increase by $300 Net debtors decrease by $300 increase by $3...

The correct answer is C Net Accounts Receivable would increase by 300 Provision for ...

At 31 December 2002 a business had a Provision for Doubtful Debts of $1200. At 31 December

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At 31 December 2002 a business had a Provision for Doubtful Debts of $1200. At 31 December 2003 the provision was adjusted to $900. How did this affect the final accounts?

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Accounting A Level And AS Level

ISBN: 9780521539937

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Authors: Harold Randall

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At 31 December 2002 a business had a Provision for Doubtful Debts of $1200. At 31 December

Question:

A B C D Net profit decrease by $300 decrease by $300 increase by $300 increase by $300 Net debtors decrease by $300 increase by $300 decrease by $300 increase by $300

Step by Step Answer:

The correct answer is C Net Accounts Receivable would increase by 300 Provision for ...View the full answer

Accounting A Level And AS Level

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