At 31 December 2002 a business had a Provision for Doubtful Debts of $1200. At 31 December
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At 31 December 2002 a business had a Provision for Doubtful Debts of $1200. At 31 December 2003 the provision was adjusted to $900. How did this affect the final accounts?
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A B C D Net profit decrease by $300 decrease by $300 increase by $300 increase by $300 Net debtors decrease by $300 increase by $300 decrease by $300 increase by $300
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