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question 11.11 bpp

PFPeer Far6y ago
Why the 1000 dollars irrecoverable debts was not deduced from the 20000 dollars receivables when calculating the general allowance.
John MoffatJohn MoffatTutor6y ago#1
Because the question says that the $1,000 had been written off during the year. Therefore the receivables at the end of the year of $20,000 are already after deducting the $1,000.
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