MANCOSA 7. Financial Reporting and Analysis Jan2020 Question 7 Not yet answered Marked out of 100 P Flag question A debtor who was declared insolvent was able to pay R630 of the amount owing, which represented 70% of his debt. The balance of his account must be written off. Which one of the following statements is false? Select one: a. Debtors control will decrease by R900. b. Equity will decrease by R270. c. The bank balance will increase by R630. d. The bad debt amounts to R189 Next page Previous page net/mod/quinary phot2582968330 g o lenovo