The information below has been given by a business. 31 December 2018: trade receivables $46200, provision for doubtful debts $1386 31 December 2019: trade receivables $48100, provision for doubtful debts $1924 Which statement has to be correct?
- AThe rate of provision for doubtful debts has decreased.
- BThe rate of provision for doubtful debts has increased.
- CThe value of irrecoverable debts incurred has decreased.
- DThe value of irrecoverable debts incurred has increased.