An increases in the provision for doubtful debt... - WAEC Accounting 2012 Question
An increases in the provision for doubtful debts results is a\an
A
increase in the gross profit
B
decrease in the gross profit
C
decrease in the net profit
D
increase in the net profit
correct option: c
The higher the provision for doubtful debt, the lower the net profit at the end of the period
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