Question 5 Part B. For the financial year ended 30 June 2025, the credit man...
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Question 5 Part B.
For the financial year ended 30 June 2025, the credit manager increased the bad debt expense estimate to 3% of credit sales. In the past, the company used 2% of credit sales. Provide TWO reasons for why the company might be using a larger percentage for the financial year ended 30 June 2025 (2 marks)
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