medium10 pts · first answer countsrevenue-recognitionreceivablesecl
Allowance from a provision matrix
Using the provision matrix below, what is the expected credit loss allowance?
Bucket Balance (₹) Loss rate Not due 10,00,000 1% 1-30 days 4,00,000 5% 31-90 days 2,00,000 15% Over 90 days 1,00,000 50%
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