Centenary Ceramics deals in ceramic pots and figurines. All sales are conducted on a credit basis and no cash discounts are given. Ignore GST. The following information was extracted from the accounting records at 30 June 2019.

sales 552000

sales returns and allowances 37900

cash collected 319120

debts to be written off 4022

Required

(a) Assume that Centenary Ceramics uses the direct write-off method of accounting for bad debts.

i. Show the general journal entry required to write-off the bad debts.

ii. What amount would be shown for bad debts expense in the income statement at 30 June 2019?

iii. What amount would be shown for accounts receivable in the balance sheet at 30 June 2019?