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State how should Shaira account for situations

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Question - In September 2019 Shaira wrote off an amount of RM120 due from a customer who had become bankrupt. In June 2020, she wrote off an amount of RM110 due from another customer who was not contactable for past 3 years. Shaira's financial year end is 31st December. State how should Shaira account for above situations in her FYE 31st December 2020?

a. As expenses of RM230 in statement of comprehensive income

b. No adjustment required in financial statement ended 31st December

c. As expenses of RM110 in the statement of comprehensive income

d. As expenses of RM120 in statement of comprehensive income

Reference no: EM133025771

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