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To allow for debts that might prove bad in the future, a business will recognise as an expense in the income statement: a- bad debts.
To allow for debts thatmightprove bad in the future, a business will recognise as an expense in the income statement:
a- bad debts.
b- doubtful debts.
c- allowance for doubtful debts.
d-allowance for depreciation.
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