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what is one of the possible effects on the financial statements if a company does not make timely and adequate impairment loss on trade debtors?
what is one of the possible effects on the financial statements if a company does not make timely and adequate impairment loss on trade debtors? 1. liquidity ratio of the company will be worse than they are,though it will get access to a higher amount of loan 2. the net profit of the company will be understated and it will save on taxes 3. the company may get access to a higher amount of overdraft than it is eligible for. which among above three
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