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Disaster's trial balance shows a trade receivables account balance of $50,000. However, no adjustment has been made for the following items. - $3,250 from J Crisis & Sons who have gone into liquidation - the amount is considered irrecoverable - Debts of $500 and $1,500 which are to be specifically allowed for - Cash received from P Chaos of $2,500 which had previously been written off - Cash received from T Ruin of $1,700 which had previously been allowed for What is the revised trade receivables account balance? A $42,550 B $45,050 C $50,000 D $51,750 |