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QUESTION 2 Tom started a new business on 1 May 2015 and decided to set the provisions for doubtful debts based on his past experience. The table below shows the value that related to the A/C Receivables business. Year Bad debts A/C % of @ 30 April Receivables doubtful debts (RM) @ 30 April (RM) 2016 400 24,000 9% 2017 700 45,000 12% 2018 600 36,000 10% Required: Prepare the following accounts for the each of the three years above: a) Bad debts account (9 marks) b) Provision for doubtful debts (21 marks