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Pre-adjustment trial balance as at 28 feb 20

Accounting

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Pre-adjustment trial balance as at 28 feb 20.8 Allowance for the credit losses R3050 (Cr)Additional information Credit losses R4500 (Dr)

1. John Winter's account of R1000 must be written off as irrecoverable.

2. Busy traders determined on 28 february 20.8 that the allowances for credit losses should amount to R2500

 

A. The amount for the credit losses in the statement of profit or loss and other comprehensive income for the year ended 28 february 20.8 will be:

 

1. R4500

2. R5500

3. R3050

4. R2500

5. R4950