22/ Myer Ltds initial balance at 30 June 20X8 shows a credit balance on the allowance for receivables account of 5,679, Myer ltd then finds that one customer, whose balance of 1,344 is fully provided for, has gone into administration, and Myer L.td will recover 25p in the 1. In addition, Myer Lid identifies that it now requires a total allowance for receivable of 4,284 at 30 June 20X8 What journal adjustment is required at 30 June 20X8? A Debit Allowance for receivables 1,395, Credit Irrecoverable debt expense 1,395 B Debit Allowance for receivables 1,395, Credit Irrecoverable debt expense 387, Credit Receivables 1,008 C Debit Allowance for receivables 1.395 Credit Irrecoverable debt expense E1,059, Credit Receivables 336 D Debit Allowance for receivables 2,739 Credit Irrecoverable debt expense 1,395, Credit Receivables 1,344.