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Chapter 10

Receivables

Outcome

By the end of this session you should be able to:

 explain and identify examples of receivables

 understand the purpose of aged receivables analysis

 record the adjustments in the ledger accounts to write off an irrecoverable debt
and one that is consequently recovered

 record the adjustments in the ledger accounts to adjust the allowance for
receivables

 identify the impact of the above adjustments on profits and net assets

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Notes can be found in
Chapter 11 of your Study Text

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