The debtors account in Julia Ltd shows a closing balance of 20,000 for this year. Before the end off procedures it has been agreed to make a provision for doubtful debts for the next coming 3 years at the rates of 5%, 6% and 7% respectively.

You are required to show:

a. The debtors account.

b. The provision for bad debts.

c. The effect in balance sheet.

d. The journal entries.