At 1 July 2 0 1 2 a company's allowance for receivables' was $ 4 8 .
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Question:
At July a company's allowance for receivables' was $ At June trade receivable amounted $ It was decided to write off $ of these debts and adjust the allowance for receivables to $
aWhat is the net trade receivables figure to be included in the company's statement of financial position at June
b What is the amount to be included in the statement of profit or loss for irrecoverable and doubtful receivables expense or the year ended June
Related Book For
Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom
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