P Brothers decides to increase his current provision for doubtful debts from 650 to 890 for the

Question:

P Brothers decides to increase his current provision for doubtful debts from £650 to £890 for the financial year ended 30 June 2009. His debtors at the year-end are valued at £13,450.

Show the provision for doubtful debts account for the year ended 30 June 2009 and provide an extract from the end-of-year statement of financial position.

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