Question 3 At 1 July 20X8 the receivables allowance of Q was $18,000. During the year ended 30 June 20x9 debts totalling $14,600 were written off. The receivables allowance required was to be $16,000 as at 30 June 20X9. What amount should appear in Q's statement of profit or loss for receivables expense for the year ended 30 June 20x9? Select one alternative: $16,600 O $30,600 $48,600 $12,600