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Record the information in the appropriate ledger accounts

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The following balances were extracted from the books of A. Pizza at the end of the accounting period:

Bad Debts 0

Provision for Bad Debts 5,850

Before preparing the year end financial statement it is agreed to write off €1,500 by way of bad debts and adjust the bad debt provision to 10% of the remaining trade receivables.

Required:

Problem 1: Record the above information in the appropriate ledger accounts

Reference no: EM132765790

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