A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2015 · Q231 Mark
John failed to write off a bad debt of $8000. What was the effect of this omission?
AHis trade payables turnover (in days) was overstated.
BHis trade payables turnover (in days) was understated.
CHis trade receivables turnover (in days) was overstated.
DHis trade receivables turnover (in days) was understated.
✓ Correct answer
C: His trade receivables turnover (in days) was overstated.
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