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please give me full answer and explanation ament 4. The accounts for the year ended 30 November 2014 of Spring Sdn. Bhd. included a provision
please give me full answer and explanation
ament 4. The accounts for the year ended 30 November 2014 of Spring Sdn. Bhd. included a provision for doubtful debts at that date of RM400. During the year ended 30 November 2015, the company received RM300 cash from Toni towards the settlement of a debt of RM500 which had been written off as irrecoverable by the company in 2012. Accounts receivable as at 30 November 2015 amounted to RM25,000, which includes the following debts which is now determined to be bad: RM Mary 1,800 Ahmad 300 Provision for Bad dots Al sunt Profit and luss In its accounts for the year ended 30 November 2015, the company is to continue its policy of maintaining a provision for doubtful debts of 2% of accounts receivable at the year end. Required: 13 ... Ah to at (a) Prepare the journal entries in the books of the company necessitated by the receipt from Toni. hooke of the company for theStep by Step Solution
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