Concept explainers
The information in the following table relates to the
|
2020 |
2021 |
Accounts receivable (ending balance at 30 June) |
$560,000 |
$630,000 |
Bad debts written off during the year |
8,400 |
0 |
Allowance for doubtful debts at 1 July (Beginning of the period) |
(a) |
(d) |
Bad debts expense for the year |
(b) |
(e) |
Allowance for doubtful debts at 30 June (Ending balance) |
(c) |
(f) |
Required:
c) Show the relevant section of the
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