Credit Management - Irrecoverable Debt

sophie_612
sophie_612 LondonRegistered Posts: 132
Hi, please can anyone explain how to work this kind of question out?
Thanks
Sophie



Comments

  • sophie_612
    sophie_612 LondonRegistered Posts: 132
    can anyone help please?
  • Pian32
    Pian32 MAAT Posts: 449
    For every £ owed you receive 3.5p so

    Bad Debt = 7500 - (7500 * 0.035)

    =7237.50
    AAT Level 4, MAAT
    ACCA in progress
    F4- Passed Aug 2020
    F5- Passed Dec 2020
    F6- Passed Sep 2020
    F7- Passed June 2021
    F8 - Planned Sep 2021
    F9 - Passed June 2021
    sophie_612
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