On January 20x2, the balances of ABC Ltd's provision of
doubtful debt account was $1510. During the year, a total of
3750 of account recievable was written of as bad debts. The
balance in the provision for doubtful debts account at 31st
Dec was 1450.
What is the total amount of bad debt recognised this year?
Answers were Sorted based on User's Feedback
Op Balance $ 1510
Bad Debt $(3750)
Add CY Balance $ 1450
Current year recognized $ 3,690
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / bhaskar unnikrishnan
Opening Balance 1510
Less Bad Debt (3750)
Add: C Balance 1450
Recognised during year: 3690
Is This Answer Correct ? | 0 Yes | 1 No |
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