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No Plagarism !! The following information relates to Jaya Bhd's accounts receivable. RM Beginning balance 30.000 Allowance for doubtful debts 2.500 Credit sales 150,000 Written-off
No Plagarism !!
The following information relates to Jaya Bhd's accounts receivable. RM Beginning balance 30.000 Allowance for doubtful debts 2.500 Credit sales 150,000 Written-off receivables 1,600 Cash receipts from customers 145,000 At the end of the period, the company estimates bad debts will equal 10% of year end baluna accounts receivable. Required: (a) Calculate the bad debts expenses. (b) Calculate the ending balance of allowance for doubtful debtsStep by Step Solution
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