B. Below is a trial balance (extracted) of Kasturi Dewi Sdn Bhd for the year ended 31 December 2019 Debit (RM) 100,000 Credit (RM) Account receivable Allowance for impairment of Account receivable as at 1 January 2019 8,500 As at 31 December 2019, the following transactions are not yet recorded: 1. One of the debtors was declared bankrupt by the Court. The amount due from the debtor is RM2,000 2. The company received RM1,500 from a debtor who was previously written off as bad debt 7 CONFIDENTIAL CONFIDENTIAL JUNE 2020/SET A/ACC303 3. The company uses the allowance method based on an aging analysis of the account receivable as follows: No of days Amount of Receivables (RM) Estimated percentage of past due uncollectible Not yet due 44,000 2% 1-30 days 26,000 3% 31-60 days 22.000 5% Over 60 days 8,000 10% Total 100,000 Required: A. Account receivable account. (3 marks) B. Allowance for impairment of account receivable account (7 marks)