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4% of 154 000 = 6 160... How did you get 1 120 as your answer? And when calculating the 4% allowance for doubtful debts,
4% of 154 000 = 6 160... How did you get 1 120 as your answer?
And when calculating the 4% allowance for doubtful debts, Shouldnt the debt of R2 800 be deducted since it was written off?
Any help or further explanation would be appreciated.
Thanks.
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