A trial balance reported a provision for doubtful debts of $1350. Trade receivables totalled $50320, including an irrecoverable debt of $500. Which entry was needed in the provision for doubtful debts account if the closing balance was to be 5% of trade receivables?
- A$1141 credit
- B$1141 debit
- C$1166 credit
- D$1166 debit