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At 31 March 2022, the financial year-end of Pinetown Traders, it was decided to write...

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Accounting

At 31 March 2022, the financial year-end of Pinetown Traders, it was decided to write off the account of a debtor as irrecoverable, since it was expected that the debtor will not pay the amount. The balance of the account of the debtor that must be written off as irrecoverable was R1 582. Pinetown Traders determined that the allowance for credit losses account should amount to R19 550 at 31 March 2022. The allowance for credit losses account amounted to R20 120 at 31 March 2021. What is the total amount with which the credit losses account will be adjusted in the accounting records of Pinetown Traders, after taking the above information into account

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