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Show the necessary entries for these three years

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Reference no: EM133007672

Question - A company makes a provision for bad debts at the rate of 10% of debtors. The debtor's balance as at 31st December were given as under for three successive years

1988 50,000

1989 60,000

1990 40,000

Required - Show the necessary entries for these three years as at 31st December.

Reference no: EM133007672

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