A Sales Business A has a financial year-end of 29 February. The following information appears in the pre-adjustment trial balance of Business B as at 29 February 2020: Allowance for doubtful debts CR 1945 Trade receivables DR 67500 The business reliably estimates that 4% of the year end trade receivables balance will not be received. Which of the following journal entries, if any, would be processed on 29 February 2020? A. DR Bad debt 2700 CR Trade receivables 2700 B. DR Bad debts 2700 CR Allowance for doubtful debts 2700 C. DR Bad debts 755 CR Trade receivables 755 D. DR Bad debts 755 CR Allowance for doubtful debts 755 E. No entry required until the debtors are actually written off as a bad debt