I'm getting increasing worried with the sundry debtors. obviously double entry accounting requires debtors amount with a corresponding income amount in the P&L. Just the amount that management has boasted about in previous announcements and financial reports.
Just imagine booking sales that are not actually invoiced to increase sales, or keeping debtors knowing full well they are not at all recoverable. Management might have let them sit hoping or planning slipping it under the rug when the real sales come in.........
obviously just thinking out loud ... DYOR
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I'm getting increasing worried with the sundry debtors....
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