- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
- Posts
At November 2005 sanjay motors is owed $20000 by jackson for servicing and repair work carried out on jackson’s fleet of motors vehicles .of the $ 20 000 outstanding , $ 3500 relates to work that jackson feels was sub-standard . despite discussion and negotiation , and although jackson is generally a good customer sanjay is doubtful that jackson will pay this $3500 what allowance for receivables should sanjay motors make to account for this doubtful debt?
Please don’t simply set me questions like this and expect an answer! You must have an answer in whichever book you found this question and so you should ask about whatever it is in the answer that you are not clear about – then I will help you.
(If you were set this as a test question and therefore do not have an answer, then obviously we do not do your homework for you 🙂 )If you have watched my free lectures on irrecoverable and doubtful debts, then you will know that the answer is clearly $3,500!!
My lectures are a complete free course for Paper F3 and cover everything needed to be able to pass the exam well.
- You must be logged in to reply to this topic.