The year-end Trial Balance includes those stated. Another debt of 12,400 should be written off and the
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The year-end Trial Balance includes those stated. Another debt of £12,400 should be written off and the Allowance adjusted to 4% of debts outstanding. Ascertain the amount to be written off as bad debts in the year.
(a) £1,227
(b) £12,827
(c) £18,627
(d) £23,573
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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