11.abc company made 5% allowance on its receivable based on past experiences.the journal entry will be
12.When the amount of receivable allowance decreased the journal entry will be
| Debit | receivable allowance |
| Credit | bad debt accounts |
12.abc company paid stationary expense for office purpose the journal entry will be
| Debit | stationary expense (increase expense) |
| Credit | cash (decrease current asset/ cash) |
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