ACCA每日考场 43期答案公布+解析

ACCA每日考场 43期   
每天多做一道题，提高不只一点点
Wanda Co allows customers to return faulty goods within 14 days of purchase. At 30 November 20X5 a provision of $6,548 was made for sales returns. At 30 November 20X6, the provision was re-calculated and should now be $7,634.
What should be reported in Wanda Co's income statement for the year to 31 October 20X6 in respect of the provision?

A. A credit of $1,086
B. A credit of $7,634
C. A charge of $1,086
D. A charge of $7,634

正确答案：C

答案解析：

The correct answer is: A charge of $1,086.

The provision should be increased by $1,086, the double entry is therefore Dr Expenses, Cr Provision