Easy Finance Ltd provides credit for consumers purchasing products from major retail stores, and has...
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Accounting
Easy Finance Ltd provides credit for consumers purchasing products from major retail stores, and has been operating for three years. As part of your audit planning for the audit for the year ended 30 June 2018, you intend to perform an analytical review of its operations, and have obtained the following information: Account Gross finance receivables - current Gross finance receivables - non-current Unearned income Allowance for doubtful debts Bad debts expense 31 MAR 2018 30 JUN 2017 30 JUN 2016 $000 $000 $000 110,000 88,000 55,000 280,000 160,000 110,000 30,000 24,800 16,500 1,100 1,000 1,000 100 100 100 REQUIRED Identify two unusual trends/relationships, and explain what each could indicate
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