A business maintains a provision for doubtful debts of 2% of trade receivables. On 1 January 2014 the provision was $1000. On 31 December 2014 the trade receivables amounted to $150000. Which entry should be made on 31 December 2014? debit $ credit $ A income statement 2000 provision for doubtful debts 2000 B provision for doubtful debts 2000 income statement 2000 C income statement 3000 provision for doubtful debts 3000 D provision for doubtful debts 3000 income statement 3000