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1)Businesses often create a provision for doubtful debts. i) Of which concept (or convention) is this an example? Explain your answer. ii) What is the
1)Businesses often create a provision for doubtful debts. i) Of which concept (or convention) is this an example? Explain your answer. ii) What is the purpose of creating a provision for doubtful debts? iii) How might the amount of a provision for doubtful debts be calculated
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