The following information is available about a business. Which percentage was used to calculate the Provision for
Question:
The following information is available about a business.
Which percentage was used to calculate the Provision for Doubtful Debts at 31 March 2004?
A. 6.8
B. 7
C. 9.3
D. 9.5
Transcribed Image Text:
Provision for Doubtful Debts at 1 April 2003 Debtors at 31 March 2004 Bad debt included in debtors at 31 March 2004 Charge to Profit and Loss Account for bad and doubtful debts, including bad debt of $600 $ 1 100 24 800 20600 1 194
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