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Ahh of course, got it. Thank you for explaining!
Ahhhh okay, yes, I understand. Thanks for explaining
Thanks so much, really clear
Hi Sir,
Thank you for this explanation, and for your lectures. I have watched them on this topic and found them really useful!
I also found this question slightly confusing, becuase I didn’t realie that we should reduce the allowance brought forward from the last year because it didn’t specifically say that we weren’t going to continue to allow for the 11,700 next year too.
So, is it a rule that when we make allowances for specific debts at the end of a year, that we completely reduce the allowances pot from the start of the year to reflect the specific debts only, if the question doesn’t mention maintaining an allowances balance going forward into the next year?
Thanks in advance for any insight on this,
Kellie
