Data relating to debtors over a four-year period is as follows: Show the provision for doubtful debts

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Data relating to debtors over a four-year period is as follows: image text in transcribed

Show the provision for doubtful debts account for the years 2003–2006 assuming no provision existed prior to 2003.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 08, 2024 07:00 AM

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Data relating to debtors over a four-year period is as follows: Show the provision for doubtful debts

Question:

2003 2004 2005 2006 Debtors at 31 December () 5,000 6,500 8,750 7,780 Provision for doubtful debts 4% 5% 6% 5%

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2003 Dec 31 Balance cd 2004 Dec 31 Balance cd 2005 Dec 31 Balance cd 2006 Dec 31 Provisio...View the full answer

Frank Woods Business Accounting Basics

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