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2.2 Record the following adjustments in the general journal.(10) NB: Show all necessary workings. The following is an extract from the books of Nexor Traders.

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2.2 Record the following adjustments in the general journal.(10) NB: Show all necessary workings. The following is an extract from the books of Nexor Traders. 1. A debtor owing R2 500 could not be traced and his account must be written off as irrecoverable. 2. Allowance for credit losses must be maintained at 10% of outstanding debtors

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