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An allowance for receivables of 2% is required. Trade accounts receivable at the period end are $200,000 and the allowable for receivables brought forward from
An allowance for receivables of 2% is required. Trade accounts receivable at the period end are $200,000 and the allowable for receivables brought forward from the previous period is $2,000. What movement is required this year? A Increase by $4,000 B Decrease by $4,000 C Increase by $2,000 D Decrease by $2,000
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