Which of the following would result from an increase in the provision for doubtful debts?
A A Decrease in gross profit
B A decrease in net profit
C An increase in gross profit
D An increase in net profit
Answer is B
Tutors, Past Questions and Projects.
Which of the following would result from an increase in the provision for doubtful debts?
A A Decrease in gross profit
B A decrease in net profit
C An increase in gross profit
D An increase in net profit
Answer is B
