[Mutaher]

Ok so the question is asking for both expenses and not only doubtful debt. It is clear now.
Thank you john

[Mutaher]

Thank you for the reply.

Isn’t 37000 bad debt and should have a separate heading in the profit and loss statement and not be included with the allowance for receivables?

[Mutaher]

There is a mistake in your calculations i think.
Net asset at start of the year should be 156560
Therefore profit should be 32400 ?

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