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The balance owing by debtors at December 31, 2015 was $2,000,000. the balance on the provision for bad debts account on January 1, 2015 was

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The balance owing by debtors at December 31, 2015 was $2,000,000. the balance on the provision for bad debts account on January 1, 2015 was $100,000. If the company adjusted the provision for bad debts to 2% of debtors, the adjustment to the profit and loss account will be

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