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The Entity Has Trade Receivables of £5,000 and a Provision

Question 7

Multiple Choice

The entity has trade receivables of £5,000 and a provision for bad debts of £450. The entity wishes to increase its provision to 10% of the trade receivables. The correct procedure would be to:


A) The entity has trade receivables of £5,000 and a provision for bad debts of £450. The entity wishes to increase its provision to 10% of the trade receivables. The correct procedure would be to: A) B) C) D)
B) The entity has trade receivables of £5,000 and a provision for bad debts of £450. The entity wishes to increase its provision to 10% of the trade receivables. The correct procedure would be to: A) B) C) D)
C) The entity has trade receivables of £5,000 and a provision for bad debts of £450. The entity wishes to increase its provision to 10% of the trade receivables. The correct procedure would be to: A) B) C) D)
D) The entity has trade receivables of £5,000 and a provision for bad debts of £450. The entity wishes to increase its provision to 10% of the trade receivables. The correct procedure would be to: A) B) C) D)

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