an allowance for receivables of £4,000 is required at the end of a reporting period. the allowance for receivables brought forward from the previous period is £2,000. what's the impact of the profits?

on 1 Jan 20x5 Plodd had an allowance for receivables £1,000. during 20x5, he wrote off debts of £600 and was paid £80 by the liquidator of a company whose debts had been written off completely in 20x4. at the end of 20x5 it was decided to adjust the allowance for receivables to £900. what is the net expense for irrecoverable debts in the P&L for 20x5?

smith has receivables totalling £16,000 after writing off irrecoverable debts of £500, and he has an allowance for receivables brought forward of £2,000. He wishes to carry forward an allowance of £800.

what will be the effect on profit of adjusting the allowance?

at 31 Dec 20x9 Folland's receivables totaled £120,000. Folland wishes to have an allowance for receivables of £3,600 which is 25% higher than it was before. during the year irrecoverable debts of £3,200 were written off and irrecoverable debts (written off three years previously) of £150 were recovered.

what is the net charge for irrecoverable debts for the 12-months reporting period ended 31 Dec 20x9?

during the reporting period ended 31 Dec 20x8 Keele decreased its allowance for receivables for £600. An irrecoverable debt written off in the previous reporting period amounting to £300 was recovered in 20x8.

if the profits after accounting for the above items is £5,000, what was it before the accounting for them?

Bodkin had the following balances in its trial balance at 30 June 20x1:

trade receivables: £70,000

irrecoverable debts expenses: £500

allowance for receivables at 1 July 20x0: £5,000

Bodkin wishes to carry forward at 30 June 20x1 an allowance equal to 10% of trade receivables.

what is the irrecoverable debt expense in the P&L for the reporting period?