At 31 December 2002 a company’s receivables totalled $400,000 and an allowance for doubtful debts of $50,000
had been brought forward from the year ended 31 December 2001. It was decided to write off debts totalling $38,000 and to adjust the allowance for doubtful debts to 10% of the
receivables. What charge for bad and doubtful debts should appear in the company’s income statement for the year ended
31 December 2002? A $74,200
B $51,800
C $28,000
D $24,200 D 38,000 – (50,000 – 36,200) = 24,200 | 
发表于 2008-5-20 09:50
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