On 31 December the following balances existed in an entity's books. Trade receivables £3,000, bad debts written off £50, provision for bad debts £200. The entity requires a provision for bad debts to be made of 10% of the trade receivables. It should:

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The Answer of On 31 December the following balances existed in an entity's books. Trade receivables £3,000, bad debts written off £50, provision for bad debts £200. The entity requires a provision for bad debts to be made of 10% of the trade receivables. It should:

On 31 December the Following Balances Existed in an Entity's