• Irrecoverable debt
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  • A decrease in the provision for doubtful debts would result in..... How does it affect the profit?
    an increase in net profit (profit for the year)
  • An increase in the provision for doubtful debts would result in... How does it affect the expenses?
    an increase in expenses
  • Double entry for irrecoverable debts:
    Dr: Irrecoverable debts and Cr: Trade receivables
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