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10. In relation to the expense associated with the creation of an allowance for doubtful debts, the Australian Taxation Office: a. never allows a deduction

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10. In relation to the expense associated with the creation of an allowance for doubtful debts, the Australian Taxation Office: a. never allows a deduction for taxation purposes for that amount. b. allows a deduction for taxation purposes for that amount when it is recognised as an expense. c. allows a deduction for taxation purposes immediately. d. allows a deduction for taxation purposes only when there is a bad debt written off against a debtors account

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