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A business has entered its initial trial balance as at 30 June 2021 on the extended trial balance. Trial Balance RM RM 441,500 Account receivables
A business has entered its initial trial balance as at 30 June 2021 on the extended trial balance. Trial Balance RM RM 441,500 Account receivables Allowance for doubtful debts at 1 July 2020 Bad debts expense 20.300 As at 30 June 2021, a balance of RM2,400 is to be written off as bad debts and the allowance for receivables is to be RM21,955. In the adjustment columns on the extended trial balance which three entries should be made? a. A debit entry of RM1,655 to allowance for doubtful debts b. A debit entry of RM2,400 to account receivables c. A debit entry of RM4,055 to bad debts expense d. A credit entry of RM2,400 to account receivables e. A credit entry of RM1,655 to allowance for doubtful debts f. A credit entry of RM4,055 to bad debts expense
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