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 Ah Chong's account balances at the business year end show a figure for trade receivables of RM103,100

Accounting

 Ah Chong's account balances at the business year end show a figure for trade receivables of RM103,100. Included in this figure is an amount of RM6,500 owed by Ah Tan, which will not be received. Ah Chong usually creates a provision for doubtful debts of 2% of trade receivables.The figure for trade receivables on the statement of financial position at the year end should be: Select one: a. RM101,038. b. RM94,668. c. RM107,408. d. RM94,538. O

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