Question: Question: Use the information below to prepare the journal entry for the adjustment as at 28 Feb 2021. Info: Debtors control : R40 000 Provision

Question: Use the information below to prepare the journal entry for the adjustment as at 28 Feb 2021.
Info:
Debtors control : R40 000
Provision for bad debts : R1800
The following balances, amongst others, appeared in the pre-adjustment trial balance of a store on 28 Feb 2021, the end of the financial year.
*The provision for bad debts must be adjusted to 5% of the debtors.

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