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Find amount for the credit losses in the statement of profit

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Reference no: EM132646425

Pre-adjustment trial balance as atb28 feb 20.8 Credit losses R4500 (Dr)

Additional information

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

Problem 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

 

Reference no: EM132646425

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