Monday, August 15, 2011

The doubtful debts expense to increase the provision to the required amount is?

Unstable Ltd has a debit balance at year end, receivables of $450000.0 and a debit balance in the provision for doubtful debts of $750.0. An ageing of the receivables identifies that a provision of $47000.0 is necessary. The doubtful debts expense to increase the provision to the required amount is:

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