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At 1 July 20X3 a limited liability company had an allowance for receivables of $83,000. During the year ended 30 June 20X4 debts totalling $146,000 were written off. At 30 June 20X4 it was decided that a receivables allowance of $218,000 was required. What figure should appear in the company's statement of comprehensive income for the year ended 30 June 20X4 for receivables expense? A. $364,000 B. $281,000 C. $11,000 D. $155,000 |