Annual Report 2018/19

NOTES TO FINANCIAL STATEMENTS 30 June 2019

7. DUE FROM MEMBERS (cont’d)

(ii) These amounts are stated before any deductions for impairment losses.

Movement in the allowance for doubtful debts:

2018 $

Balance at beginning of year

65,673 44,652 (27,372) (30,544)

Increase in allowance recognised in profit or loss

Write-back for the year Write-off for the year Balance at end of year

52,409

8.

OTHER RECEIVABLES

2019 $

2018 $ 4,519

Deposits

52,717

Miscellaneous debtors

214,644 267,361

260,983 265,502

59

The American Club 2018/19 ANNUAL REPORT