1. ABC Enterprises had following debtor balances as at 31 December 2018. Naleen Rs. 40,000 Sameera Rs. 50,000 Naleen was not able to pay his debt value due to the bankruptcy. Hence ABC Enterprises decided to write off as bad debt. The entity decided to make 5% per Annam provision for impairment losses on receivables. You are required to; Prepare the general Journal and relevant ledger accounts Relevant extracts from the financial statements