The following information is available for a business for the year ended 31 March 2022.
A provision for doubtful debts is to be created at 2% of trade receivables.
Depreciation on non-current assets is to be provided at 20% using the reducing balance method.
What was the total of expenses for the year?
1 )
$\$ 47600$
$\$ 48100$
3 )
$\$ 50500$
4 )
$\$ 57300$
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