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Accounting (9706) 1401/11/5

Paper 1 February/March 2017 Accounting (9706/12) A Level

CIE AS & A Level Accounting (9706) خرداد 2017
شامل مباحث: AS Level
  تعداد سوالات: 30
  سطح دشواری: متوسط
  شروع: آزاد
  پایان: آزاد
  مدت پاسخگویی: 60 دقیقه

Paper 1 February/March 2017 Accounting (9706/12) A Level
پیش نمایش صفحه اول فایل
ثبت شده در 5 بهمن 1401
  

Ali’s trade receivables at 31 December 2019 were $\$ 26500$. He knew that $\$ 400$ of these were irrecoverable.

He wished to maintain a provision for doubtful debts equal to 5% of the trade receivables.

At 1 January 2019 the balance of the provision for doubtful debts was $1200.

Which entry does Ali make in the provision for doubtful debts account at 31 December 2019?