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The companys aging analysis of receivables as at 31 December 2021 is as follows: No. of Days Past Due Not yet due 1 30 days
- The companys aging analysis of receivables as at 31 December 2021 is as follows:
| No. of Days Past Due | ||||
Not yet due | 1 30 days | 31 60 days | 61 90 days | Over 90 days | |
% Uncollectible | 1% | 6% | 10% | 14% | 100% |
Amount of receivables (RM) | 57,800 | 54,500 | 66,200 | 23,500 | 9,750 |
Required:
- Advise on the amount to be disclosed in the Statement of Profit or Loss for the financial year end 31 December 2021 (show all workings).
(4 marks)
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