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1. The receivables balance is $644,000. Adjustments include writing off $24,000 of debts, recording $12,000 receipt of previously written off debt, and allowing for doubtful debts of 2% of receivables. 2. A bank reconciliation showed an overdrawn balance of $1,280. After adjusting for outstanding deposits of $12,000, unpresented cheques of $14,700, and a dishonored cheque of $2,600, the adjusted cash book balance is $3,980 Dr. 3. Non-current liabilities include an amount owed for a non-current asset supp

Author

Nicat Ismayıloff

Language

EN