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Mathematics, 09.02.2022 14:00 smilingntn33p7pqpp

A Provision for bad debt of 1,500 was shown on the trial balance as of December 31, 2020. The total Debtors figure was $25,000. If the Provision for Bad debt is to be increased by $500. How will it affect the Income Statement and the Balance Sheet?

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A Provision for bad debt of 1,500 was shown on the trial balance as of December 31, 2020. The total...
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