Are the following statements true or false? (a) A provision for bad and doubtful debts results in
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Are the following statements true or false?
(a) A provision for bad and doubtful debts results in cash leaving the business. True/False
(b) An amount owing for rent at the end of the year is an accrual. True/False
(c) There is no such thing as the correct level of accounting profit. True/False
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