ACC406 FINAL ASSESSMENT 2 X ACC406 FINAL ASSESMENT 2 X PARTN EOS X PQLScnAmArIQHATJOrfs8ef7i7y6QlkJWErg.pl-9DVZTQ6uNww/formResponse 4 points Table 3 shows the list of balances extracted from the ledger of JKH Trading as at 31 December 2019. Based on Table 3 and the additional information, show the calculation of depreciation and doubtful debts (increase or decrease) to be recorded in the Statement of Profit or Loss for the year ended 31 December 2019. (4 marks) Table 3 RM 9.000 Office equipment at cost Accumulated depreciation as at 1 January 2019: Office equipment Account receivables Account Payables Allowance for Doubtful Debts as at 1 January 2019 Sales 3,600 81,600 67.700 1.800 400.000 Additional information: 1. The depreciation on the non-current asset is to be provided using straight line method at 20% per annum 2. Bad debts of RM1.300 need to be written off and the allowance for doubtful debts is to be adjusted at 5% of the net account receivables Page 3 of 5 ACC406 FINAL ASSESSMENT 2 X ACC406 FINAL ASSESMENT 2 X PARTN EOS X PQLScnAmArIQHATJOrfs8ef7i7y6QlkJWErg.pl-9DVZTQ6uNww/formResponse 4 points Table 3 shows the list of balances extracted from the ledger of JKH Trading as at 31 December 2019. Based on Table 3 and the additional information, show the calculation of depreciation and doubtful debts (increase or decrease) to be recorded in the Statement of Profit or Loss for the year ended 31 December 2019. (4 marks) Table 3 RM 9.000 Office equipment at cost Accumulated depreciation as at 1 January 2019: Office equipment Account receivables Account Payables Allowance for Doubtful Debts as at 1 January 2019 Sales 3,600 81,600 67.700 1.800 400.000 Additional information: 1. The depreciation on the non-current asset is to be provided using straight line method at 20% per annum 2. Bad debts of RM1.300 need to be written off and the allowance for doubtful debts is to be adjusted at 5% of the net account receivables Page 3 of 5