Question
In 2018, Marg's Antiques deducted a reserve for doubtful debts of $12,000. During 2019, she had actual write-offs of $11,000. At the end of 2019,
In 2018, Marg's Antiques deducted a reserve for doubtful debts of $12,000. During 2019, she had actual write-offs of $11,000. At the end of 2019, she deducted a reserve for doubtful debts of $14,000. Marg's 2019 net deduction for bad debts would be:
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
12th Canadian edition
133133230, 978-0133133233
