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Calculate allowance for doubtful debts

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Reference no: EM133171839

Question - On 31 December 2020, the total account receivable for Beauty Enterprise is RM30,000, 5% of these debts are estimated to go bad in the foreseeable future.

1. Calculate Allowance for Doubtful Debts.

2. Prepare journal entries.

vi. Extract financial position as at 31. 12.2020.

Reference no: EM133171839

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