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1) At the end of the financial year in 2014, Company XYZ has debtors of $60,000 and a provision for doubtful debts of $5,000. It

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1) At the end of the financial year in 2014, Company XYZ has debtors of $60,000 and a provision for doubtful debts of $5,000. It was proposed to maintain provision for doubtful debts at 10%. What will be the amount to be passed to the income statement

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