$2\mathrm{.}3$ The following information wes taken from the accounting reconds of Midway retailers

at $30$ September $2023$:

Trade rocoivalies at $30$ Soptember $2023$

Alowance for credt losses $($Provision for bed debts$)$

Crecit losees $($bad debts$)$ willen off during the year

Additional Information:

An amount of $R1200$ must be written off as irrocovorabla.

The allowance for crodit losses must be maintained at $5\%$ of outstanding debtors.

Required:

Calculate the amount to be shown as credt losses $($bed debts$)$ in the statement of

comprehersive incorne for the year endad $30$ September $2023.$

$2\mathrm{.}4$ Super Eats started their business on $2$ January $2021$ and purchased two delivery

motorbikes at R$30000$ each. The financial yeer end of the ently ends on $31$

December of every year and depreciation on the motorbikes is calculated at $30\%$ per

year on the diminishing belance method.

One of the bikns was involved in an accident on $31$ March $2023$ and was completaly

written off. Insurance paid out R$12500$ for the dameged bike.

Required:

Calculate the profit or loss on scrapping the motortike that was imvolved in an

accident. All workings must be rounded off to the nearest whole number.