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Question 11 of 20 2 Points On 1 May 2020 Mr G Grass, a debtor of MM Traders, owed the business R500. Mr G Grass was declared insolvent on 19 May 2020. The amount of R500 must be written off as irrecoverable. Which one of the following represents the correct general journal entry for the R500 to be written off as irrecoverable? Fol Debit Credit A. MM TRADERS General journal Date Details 2020 May 19 Credit losses G Grass/Trade payables control 500 500 Fol Debit Credit B. MM TRADERS General journal Date Details 2020 Credit losses G Grass/Trade receivables control May 19 500 500 C. MM TRADERS General journal Date Details Fol Debit R Credit R 2020 May 19 500 Allowance for credit losses G Grass/Trade receivables control 500 D. MM TRADERS General journal Date Details Fol Debit R Credit R 2020 May 19 500 Allowance for credit losses Credit losses 500 E. MM TRADERS General journal Date Details Fol Debit R Credit R 2020 May 19 500 G Grass/Trade receivables control Credit losses 500 Reset Selection