Page 1 of 1
At 1 July 20x2 the receivables allowance of Q was $18,000. During the year ended 30 June 20x3 debts totalling $14,600 we
Posted: Thu May 19, 2022 11:24 am
by answerhappygod
- At 1 July 20x2 The Receivables Allowance Of Q Was 18 000 During The Year Ended 30 June 20x3 Debts Totalling 14 600 We 1 (19.52 KiB) Viewed 55 times
At 1 July 20x2 the receivables allowance of Q was $18,000. During the year ended 30 June 20x3 debts totalling $14,600 were written off. The receivables allowance required was to be $16,000 as at 30 June 20x3. What amount should appear in Q's
statement of profit or loss for receivables expense for the year ended 30 June 20X3? А $12,600 B $16,600 с $48,600 D $30,600 (2 marks)