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Which dockery recorded correctly

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Problem 1: Dockery, Plc. started the year of 2018 with a balance of £1,000 in its general bad debt provision (allowance). During 2018, one of Dockery's customers filed for bankruptcy. Dockery was only able to recover £50 out of the £1,100 owed by the customer. As a result of this transaction, which Dockery recorded correctly:

a. Total assets don't change.
b. There is a decrease in total assets.
c. There is a decrease in shareholders' equity.
d. Both a. and c. are correct.
e. Both b. and c. are correct.

Reference no: EM132779234

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