问答题   Golden has a profit of $30,000 for the year ended 31 December 20X7 without recording the following items.
    Irrecoverable debts of $500.
    Opening allowance for receivables at l January 20X7 was $2,400.
    The closing allowance needs to be adjusted to $5,300.
    A $400 invoice previously recognised as doubtful debts turn out to be irrecoverable.
    What is the net profit for the year ended 31 December 20X7 after adjusting for these items? ______
 
【正确答案】 A
【答案解析】[考点] Recording transactions and events-Irrecoverable debts and allowances-Allowance for receivables [难易度] 难 Bad debt和Allowance会通过影响费用(Receivable expense)对利润产生影响。 Bad debt expense=$500 Movement in allowance=5,300-2,400=$2,900，会产生费用。 Profit after adjustment=$30,000-$500-$2,900=$26,600 由于已经计提过Allowance的Doubtful debts变成了Irrecoverable，不会产生新的费用。 Adjusted net profit=$30,000-$500-$2,900=$26,600