Multiple Choice

-Which of the following is the correct entry to the income statement account in respect of bad and doubtful debts for the period?
A) Increase in provision for doubtful debts £4,750; bad debts £0
B) Increase in provision for doubtful debts £2,250; bad debts £2,500
C) Increase in provision for doubtful debts £1,250; bad debts £2,500
D) Increase in provision for doubtful debts £1,000; bad debts £2,500
Correct Answer:
Verified
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