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13-05-2024
Business

Answered

The following information was taken from the books of ROSA'S FLOWER SHOP at 28 February 20,20 before any adjustments, or closing entries had been made: Credit losses recovered. Trade receivables control. Allowance for credit losses (1 March 20.19). Credit losses. Credit sales R 780 31 270 1 405 750 40 500 12 750 Cash sales Additional information A further amount of R170 must be written off. On 28 February 20.20 the allowance for credit losses account should amount to R1 555. Which one of the following amounts represents the net amount in respect of trade receivables to be disclosed in the statement of financial position of ROSA'S FLOWER SHOP at 28 February 20.207 Select one: A R30 270,00 B. R29 695,00 C. R28 795,00 D R29 575,00 E R29 545,00

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