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Suppose that in year 2020, Syarikat Mesra Ltd decided to provide for doubtful debts. Its debtors on 31 December 2020 amounted to RM420,000. It was

  1. Suppose that in year 2020, Syarikat Mesra Ltd decided to provide for doubtful debts. Its debtors on 31 December 2020 amounted to RM420,000. It was decided to provide for doubtful debts based on 2% of the total debtors. Show the necessary ledger entries to create the provision for doubtful debts.

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