The trial balance of Kanine Bros as at 3 1 May 2 0 X 7 includes the
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Question:
The trial balance of Kanine Bros as at May X includes the following: Debit Credit Trade receivables Allowance for receivables at June X Subsequently a review of the receivables ledger reveals the following: Debts totaling are considered irrecoverable and are to be written off. The business wishes to reduce the allowance for receivables to What is the irrecoverable debt charge or credit to be included in the statement of profit or loss for the year ended May X Calculate.
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