Question 13 Not yet answered Marked out of 1.00 F Flag question 38. C3 At the beginning of the year, allowance for receivables was RM1,000. At the end of the year when receivables were RM18,500, a specific allowance was made for the whole of Song's debt of RM500 and for 80% of Shang's debt of RM 1,000. It was decided to make a general allowance of 2% of remaining debts. What was the closing balance on the allowance for receivables account? Select one: 0 a. RM1.644 O b. RM1,640 ? ?. RM640 O d. RM2,640