27.5X F. Grant maintained his accounting books from January to December. The accounts receivable balances and the rates for the provision for doubtful debts at the end of each of the following years are shown below. lal Write up the provision for doubtful debts account for the year ending 31 December 2017 to 31 December 2019 (b) On 2 january 2019. Brown, a customer, was declared bankrupt and could pay only 25% of the $800 that he owed. Show the effect of this in the books of F. Grant Icl What is the reason for creating a provision for doubtful debts account? (CSEC style Provision Rate Year Accounts Receivable Balances $ 25 2017 24.000 28,000 26.000 2018 2019