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Which of the following is the effect of a reduction in the provision for doubtful debts?
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 1995
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Which of the following is the effect of a reduction in the provision for doubtful debts?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
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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Show Explanation
Correct Answer:
Option E
Explanation:
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