Answered step by step
Verified Expert Solution
Question
1 Approved Answer
After a review of the Debtors Ageing Analysis it was agreed as follows 1 BADDEBTS All balances of More than 1yr Less than 2 yrs
After a review of the Debtors Ageing Analysis it was agreed as follows 1 BADDEBTS All balances of More than 1yr Less than 2 yrs of the undermentioned debtors should be RMATYLTDKOSOLTD More than 3 mths, less than 6 mths Due to some de fect in some goods sold the following balances are to be written off \begin{tabular}{|l|r|} \hline ROMA LTD & \multicolumn{1}{|l|}{ GHE } \\ \hline RASOT LTD & 4,800 \\ \cline { 1 - 2 } & 11,400 \\ \hline \hline \end{tabular} 2) PROVISIONS 2. Specific provisions should be made on the following balance GHC
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started