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Drama plc has a total balance on their receivables account at the year end of 54,500. After reviewing their customer accounts, Drama plc have decided
Drama plc has a total balance on their receivables account at the year end of 54,500. After reviewing their customer accounts, Drama plc have decided to do the following: make a 50% specific provision relating to a debt of 9,200 create a general receivables provision of 2% Drama plc have a receivables provision brought forward of 2,850. What will be the value of the general receivables provision? 906 What will be the irrecoverable debt expense on the P or L? 2660 (Enter the values with no E sign, comma or decimal places)
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