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Syrup Lemon (Pty) Ltd lists of doubtful debts as at 31 March 2022 amounted to R69 000. The doubtful debt allowance allowed by the Commissioner
Syrup Lemon (Pty) Ltd lists of doubtful debts as at 31 March 2022 amounted to R69 000. The doubtful debt allowance allowed by the Commissioner for the 2021 year of assessment, amounted to R18 750. How much will the company be able to deduct in terms of the total doubtful debt allowance for the 2022 year of assessment?
A. 69,000
B. 1,500
C. 17,250
D. 18,750
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