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Ur GST pald $2,800; Dr GST pald $3,040; Dr Cash $1,600, G 652 Dr Cash $1,600, COSTA C GST collected $4,840, GO 3. At year-end,

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Ur GST pald $2,800; Dr GST pald $3,040; Dr Cash $1,600, G 652 Dr Cash $1,600, COSTA C GST collected $4,840, GO 3. At year-end, J&L Ltd had a balance of accounts receivable of $40p and then for doubtful debts has a credit balance of $2,000. It was decided to write of as Irrecoverable the debt of Nautilus Ltd, totalling $2,200. It was further decided that the allowance for doubtful debts should be 10% of accounts recelvable. What is the journal entry needed to write off the debt of Nautilus Ltd as irrecoverable? a. Dr Bad debts expense $2,200 Cr Accounts Receivable $2,200 b. Dr Allowance for Doubtful Debts $2,000 Cr Accounts Receivable $2,000 C. Dr Allowance for Doubtful Debts $2,200 Cr Bad Debts Expense $2,200 d. Dr Allowance for Doubtful Debts $2,200 Cr Accounts recelvable $2,200 $2,200 Cr Allowance for Doubtful Debts $2,200 e. Dr Accounts Receivable P3 w

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