Company ASD has receivables for 50000. One of its customers has gone bankrupt, so the...

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Accounting

Company ASD has receivables for 50000. One of its customers has gone bankrupt, so the company has to write off its credit of 2200. Moreover, a receivable for 3000 is considered doubtful and the company needs to take a collective provision for doubtful debts equal to 5% of receivables. The net receivables in the balance sheet are:
Question 2Select one:
a.
Depends on the provision at the beginning of the year
b.
44500
c.
42560
d.
42300

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