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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
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