Which of the following is the effect of a reduction in the provision for doubtful...

Accounts - Principles of Accounts

WAEC 1995

Which of the following is the effect of a reduction in the provision for doubtful debts?

A. reduction in net profit
B. reduction in cash balance
C. reduction in gloss profit
D. increase in gross profit
E. increase in net profit

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Correct Answer: Option E

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Which of the following is the effect of a reduction in the provision for doubtful...

Correct Answer: Option E

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