Music Ltd has a total balance on their receivables account at the year end of 56,200. After reviewing their customer accounts, Music Ltd have decided to write off a debt amounting to 2,600 and create a general receivables provision of 4% of remaining receivables. There is no receivables provision brought forward.

What will be the value of the general receivables provision? 4848260021440235247442248

What will be the irrecoverable debt expense on the P or L? 4848260021440235247442248