Question: Question 2 (Practical Questions): Record the journal entry for Mansoor company, if his books showed the followine balances on Dec31, 2021: a- Un Jan 1,
Question 2 (Practical Questions): Record the journal entry for Mansoor company, if his books showed the followine balances on Dec31, 2021: a- Un Jan 1, 2022 - the company estimated bad debts to be 5% of credit sales b- On Feb 20, 2022 - a customer (Sara) has bankruptcy, so Mansoor company wrote off her balance with BD 210. c- If the company chooses to use the Balance sheet approach with 3%, calculate the provision for Doubtful Debts
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