Insufficient information to calculate net trade receivables

Steps:

• Calculate opening gross trade receivables: net = $153,000 = 96$153,000 ÷ 0.96 = $159,375.
• Opening provision = 4% × $159,375 =$6,375.
• Closing provision = $6,375 +$9,000 = $15,375.
• Closing net = closing gross - $15,375, but closing gross is not provided.

Why C is correct:

• Not enough information; closing gross trade receivables required but missing.

Why the others are wrong:

• A: Assumes unrelated adjustment, e.g., small gross increase.
• B: Possible miscalculation using approximate percentages.
• D: Assumes simple addition without accounting for provision impact.

Final answer: Not enough information.