At the end of his financial year Kahili wrote off a debt owed by a credit customer.
Question:
At the end of his financial year Kahili wrote off a debt owed by a credit customer. What was the effect of this?
Transcribed Image Text:
Trade Profit for the year Capital Balance at bank Receivables A decreased decreased decreased no effect B decreased no effect no effect no effect c no effect no effect decreased decreased D no effect decreased no effect decreased
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Related Book For
Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom
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