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Calculate total bad debts that would be written off

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Question - On 31 December 2020, after much effort to recover Busu's debt and Ali's remaining debt, it was decided that all oustanding debts would be written of as bad debts 10% from total oustanding amounter RM10,200. Calculate total bad debts that would be written off. Prepare journal entries. Extract Statement of Profit and Loss and Statement of Financial Position as at 31.12.2020.

Reference no: EM133170140

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