At the end of his financial year Kahili wrote off a debt owed by a credit customer What was the effect of this Trade Profit for the year Capital Balance at bank Receivables A decreased decreased decreased no effect B decreased no effect no effect no effect c no effect no effect decreased decreased ...

Solution The correct answer is B The main reasons for thi ...

At the end of his financial year Kahili wrote off a debt owed by a credit customer.

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At the end of his financial year Kahili wrote off a debt owed by a credit customer. What was the effect of this?

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Cambridge IGCSE And O Level Accounting Coursebook

ISBN: 9781316502778

2nd Edition

Authors: Catherine Coucom

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At the end of his financial year Kahili wrote off a debt owed by a credit customer.

Question:

Trade Profit for the year Capital Balance at bank Receivables A decreased decreased decreased no effect B decreased no effect no effect no effect c no effect no effect decreased decreased D no effect decreased no effect decreased

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Solution The correct answer is B The main reasons for thi...View the full answer

Cambridge IGCSE And O Level Accounting Coursebook

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