The following details were obtained from the accounting records of Movit Marketing Consultants at the end of the financial year: Consulting fee owing Allowance for doubtful debts Debts to be written off $444,000 $30,240 $8,600 The firm uses a version of the aging method that requires an allowance for doubtful debts of 10% of the outstanding fees at 30th June. Required (a) Prepare the appropriate journal entries. (b) Prepare and balance the Allowance for Doubtful Debts account at 30th June 2010. (c) What amount will be charged as Bad Debts Expense for the year? 4 marks 4 marks 2 marks