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An increases in the provision for doubtful debts results is a\an

An increases in the provision for doubtful debts results is a\an
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Increase in the gross profit
  • B Decrease in the gross profit
  • C Decrease in the net profit
  • D Increase in the net profit
Correct Answer: Option C
Explanation:
The higher the provision for doubtful debt, the lower the net profit at the end of the period

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