A Level Accounting (9706)•9706/11/O/N/22

Explanation
Insufficient information to calculate total expenses Steps:
- Identify cash expenses as $42,000.
- Calculate required provision as 2% of 500.
- Note "depreciation for doubtful debts" $4,200 is ambiguous (possible opening provision, write-offs, or expense, but date and term conflict).
- Recognize reducing balance method for provision is unclear without opening receivables/provision or write-offs; cannot determine adjustment to $500.
Not enough information.
Final answer: Not enough information.
Topic: Preparation of financial statements
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