XYZ Ltd's Financial Information Includes the Following [*] the Journal Entry for Bad Debts Written Off Debited
XYZ Ltd's financial information includes the following: [*] The journal entry for bad debts written off debited Bad Debts Expense $1000 and credited Accounts Receivable $1000 direct write-off method) .
The cash received from customers for the year ended 30 June 14 was:
A) $89 000
B) $91 000
C) $94 000
D) $101 000
Correct Answer:
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