Accounting 0452 · IGCSE · Irrecoverable debts and provision for doubtful debts

Irrecoverable debts and provision for doubtful debts — practice question

Ahmed supplied the information below: trade receivables at $1$ January $2022$: $15000$ for the year ended $31$ December $2022$: credit sales: $85000$ cash sales: $12000$ cheques received from trade receivables: $65000$ irrecoverable debts: $2000$ By what amount had trade receivables risen by the close of the financial year?

  • A$18000$
  • B$30000$
  • C$33000$
  • D$45000$

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