Sot What will the closing general journal entry be in the books of Parker Traders for the above transaction on 30 April 2020? A. General ledger Account to be debited Allowances for credit losses Account to be credited Credit losses Amount R 3 000 B. General ledger Account to be debited Profit or loss account Amount R Account to be credited Allowances for credit losses 3 000 c. General ledger Account to be debited Credit losses Account to be credited Profit or loss account Amount R 3 000 D General ledger Account to be debited Credit losses Account to be credited Allowances for credit losses Amount R 3 000 E. General ledger Account to be debited Profit or loss account Account to be credited Credit losses Amount R 3 000 Reset Slection Sot What will the closing general journal entry be in the books of Parker Traders for the above transaction on 30 April 2020? A. General ledger Account to be debited Allowances for credit losses Account to be credited Credit losses Amount R 3 000 B. General ledger Account to be debited Profit or loss account Amount R Account to be credited Allowances for credit losses 3 000 c. General ledger Account to be debited Credit losses Account to be credited Profit or loss account Amount R 3 000 D General ledger Account to be debited Credit losses Account to be credited Allowances for credit losses Amount R 3 000 E. General ledger Account to be debited Profit or loss account Account to be credited Credit losses Amount R 3 000 Reset Slection