December 201L s the informatie punt allowable. Question 4 nanis Kurma Enterprise closes its accounts on 30 June every year. Below is the i regarding account receivable, allowance for doubtful debts and allowance for discount alle 2015 (RM) 28,225 2014 (RM) 48,340 6% Year ended 30 June Outstanding account receivables balance (before deducting bad debts) Allowance for doubtful debts Allowance for discount allowable Bad debts not yet deducted 4% 2% 3% 225 840 The following is the additional information given as at 1 July 2013: Allowance for doubtful debts amounted to RM1,610. Allowance for discount allowable amounted to RM925. equired to prepare the following: You are required to Allowance for doubtful debts account Allowance for discount allowable account Extract of the Statement of Financial Position as at 30 June 2014 and 30 June 2013