Jones Ltd Trial Balance at 30 September 20X0 included:

Debit $ Credit $

Receivables ledger control account 90,350

Allowance for doubtful debts brought forward 2,490

The following information is also available:

(1) No entries have been made in respect of cash of $1,320 received from Marylyn Ltd whose balance had been written off last year, and

2) At 30 September 20X0 an irrecoverable balance of $1,950 is to be written off and the receivable allowance is to be adjusted to 15% of the remaining balance

Required:

Calculate the figure that will be reported in the statement of financial position at 30 September for receivables.

(10 marks)