Question
In 2013, Margs Antiques deducted a reserve for doubtful debts of $12,000. During 2014, she had actual write-offs of $12,500 and recoveries of previously written
In 2013, Margs Antiques deducted a reserve for doubtful debts of $12,000. During 2014, she had actual write-offs of $12,500 and recoveries of previously written off debts of $1,500. At the end of 2014, she deducted a reserve for doubtful debts of $14,000. Margs 2014 net deduction for bad debts would be?
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Certified Internal Auditor CIA Practice Of Internal Auditing Part 2- 2019
Authors: Muhammad Zain
1st Edition
1093798459, 978-1093798456
