【正文】
es should Alex make on 31 December 20X2 and 31 December 20X3, and what figures for receivables will appear in his statements of financial position as at those dates 10 7 If a business want to make an allowance against a specific receivable, then its general allowance is calculated on the balance of receivables after deducting the specific receivable. Specific allowance for receivables 10 8 End of Chapter 1