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At 1 July 2002 the doubtful debt allowance of Q was $18,000.

During the year ended 30 June 2003 debts totalling $14,600 were written off. It was decided that the doubtful debt
allowance should be $16,000 as at 30 June 2003.

What amount should appear in Q’s income statement for bad and doubtful debts for the year ended 30 June
2003?

A   $12,600
B   $16,600
C   $48,600
D   $30,600.

A
A 16,000 + 14,600 – 18,000
B 18,000 + 14,600 – 16,000
C 18,000 + 14,600 + 16,000
D 16,000 + 14,600

a

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A

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A

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学习哦
[em10]

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a

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good !

[em10]

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thanks

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a

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d

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上一主题:[ 2009 FRM ] Long Practice Exam 1 Q16-20
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