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How much were the year write-offs

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Question - The bad debt allowance of a company increased €3,000 in a year. The bad debt expense for that same year had been €7,000. A/R (gross, not net) increased €8,000 in the same year and credit sales for the year had been €50,000. No bad debts were recovered. How much were the year´s write-offs?

a. €3,000

b. €4,000

c. €7,000

d. €3,000,000

e. None of the above

In the same case as above: How much were the year´s collections from customers?

a. €28,000

b. €38,400

c. €48,000

d. €3,000,000,000

e. None of the above

Reference no: EM133091100

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