At 1 June 2010, Amir's receivables allowance was $1,573. At 31 May 2011 the balance on his receivables account was $97,541. This includes an irrecoverable debt balance of $3100 and he estimates that his receivables allowance should be adjusted to $2,155. What journal entries should be recorded to account for allowance for receivables for the year ended 31 May 2011? a. Dr Receivables Allowance Expense $582Cr Allowance for Receivables $582 b. Dr Allowance for Receivables \$5255 Cr Receivables Allowance Expense \$5255 c. Dr Receivables Allowance Expense $282 Cr Allowance for Receivables $282 d. Dr Income Statement \$2155 Cr Allowance for Receivables $2155