MLC301 Principles of Income Tax Law - Assessment Questions

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QUESTION 4. 20:

An analysis of debtors as at 30 June provided by the firm’s accounts clerk showed:
$Accounts receivable 103 000
Estimated bad debts 3 560
Estimated doubtful debts 12 500
Debts written off during the year 4 000
What amount(s) can be claimed as a deduction for the year?

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