The following table contains balances extracted from the trial balance at the year ended 31 December: Calculate

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The following table contains balances extracted from the trial balance at the year ended 31 December:image text in transcribed

Calculate the effect on each year’s profit from the above. The provision for doubtful debts stood at £457 as at 31 December 2001.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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