Question: ABC are owed 3 , 9 5 0 by Mr Hope but have just discovered that his business may be experiencing financial difficulties. They are

ABC are owed 3,950 by Mr Hope but have just discovered that his business may be experiencing financial difficulties. They are now concerned that they may not be able to recover the money, but do not wish to remove his debt from the ledger yet. What type of item is this?Question 7 Select one:A.Irrecoverable debtB.Specific noteC.Credit noteD.Doubtful debt

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