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& customers B To ensure that credit customers regularly purchase goods from the business C D To keep track of outstanding debts and identify overdue
& customers B To ensure that credit customers regularly purchase goods from the business C D To keep track of outstanding debts and identify overdue amounts to follow up To keep track of customer addresses 181 On 31 March 20X4, the balance on the receivables control account of P Co was $425,700 The book-keeper has identified that the following adjustments for receivables are required Irrecoverable debt recovered Specific allowance required $2,000 $2,400 It was decided that amounts totalling $8,466 should be written off as irrecoverable. Th allowance for receivables on 1 April 20X3 was $1,900. What was the expense for irrecoverable debts and allowance for receivables for the yea ended 31 March 20X4? $
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