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19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivables totalled $517,000. It was decided to write off debts totalling $37,000 and to adjust the allowance for receivables to the equivalent of 5 per cent of the trade receivables based on past events.

单选题
2022-01-09 16:58
A、What figure should appear in the income statement for these items?
B、A $61,000
C、B $22,000
D、C $24,000
E、D $23,850
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正确答案
B
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