ACCA考试 一日一练

ACCA考试 一日一练

At 30 November, Charles is owed atotal of $72,660 by his customers. Hisreceivables allowance brought forwardfrom the previous year end is $11,700.He estimates that his receivablesallowance should be equivalent to 15%of the amounts due from customers.What value should be included inthe income statement for receivablesexpense for the year to 30 November?
A $801 debit
B $10,899 debit
C $801 credit
D $10,899 credit