The balances in the books of Julie on 1 July 2021 included the following.
Trade receivables at 30 June 2022 were $58 500, of which $500 should be written off as irrecoverable.
Julie wants to maintain her provision for doubtful debts at 2% of trade receivables.
What was the change in the provision for doubtful debts at 30 June 2022?
1 )
$114 decrease
$124 decrease
3 )
$376 increase
4 )
$386 increase
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