Question
Provision for bad debts adjustment 2. A debtor, A Carter, who owed R 233.10, has been declared insolvent. The entire debt Is to be written
Provision for bad debts adjustment
2. A debtor, A Carter, who owed R 233.10, has been declared insolvent. The entire debt Is to be written off. The provision for doubtful debts is to be adjusted to 2.50% of book debts. Debtors control: R6660 Provision for doubtful debts: R99.90.
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Accounting Chapters 14-23
Authors: Charles T. Horngren, Walter T. Harrison Jr, M. Suzanne Oliver
8th Edition
0136073018, 978-0136073017
