Simon is preparing his financial statements for the year ended 31 December 2014. The trade receivables total

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Simon is preparing his financial statements for the year ended 31 December 2014. The trade receivables total $84 350 and he wishes to make a provision for doubtful debts of 3 percent.

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Detail the journal entry to include the provision in the financial statements.

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

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Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 15, 2021 04:37 AM

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Simon is preparing his financial statements for the year ended 31 December 2014. The trade receivables total

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The journal entry to include the provision for doubtful debts in the financi...View the full answer

Accounting For Cambridge International AS And A Level

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