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A business started trading on 1 January 2001. During the two years ended 31 December 2001 and 2002 the following debts were written off to...

      

A business started trading on 1 January 2001. During the two years ended 31 December 2001 and 2002 the following debts were written off to the Bad Debts Account on the dates stated:
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You are required to show:
i. The Bad Debts Account and the Provision for Doubtful Debts Account for each of the two years.
ii. The relevant extracts from the Statement of financial position as at 31 December 2001 and 2002.

  

Answers


Wilfred
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Wilfykil answered the question on February 28, 2019 at 08:44


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