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Provision for doubtful debts should be included on your company's balance sheet to give a comprehensive overview of the financial state of your business. Otherwise,

Provision for doubtful debts should be included on your company's balance sheet to give a comprehensive overview of the financial state of your business. Otherwise, your business may have an inaccurate picture of the amount of working capital that is available to it

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Cornerstones of Managerial Accounting

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