11C Topsys accounts receivable at the end of 2022 totalled $78 490. The allowance for doubtful debts

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11C Topsy’s accounts receivable at the end of 2022 totalled $78 490. The allowance for doubtful debts had been $2310, but it was decided that this would be increased by $1560, then $1100 in unrecoverable accounts would be written off.

i What is the value of the receivables at the end of 2022?

ii What is the balance of the allowance for doubtful debts at the end of 2022?

iii What is the bad debts expense for 2022?

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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