question 11.11 bpp

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November 20, 2019 at 8:21 am #553126
farhaanm
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Why the 1000 dollars irrecoverable debts was not deduced from the 20000 dollars receivables when calculating the general allowance.
November 20, 2019 at 8:54 am #553137
John Moffat
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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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