(i) At the end of January, the unadjusted trial balance of Ali Baba, Inc. included the following accounts: Debit Credit 500,000 $ Sales (80% represent credit sales) Accounts Receivable Allowance for Doubtful Accounts $ 340,000 $ 800 Ali Baba uses the income statement approach in estimating uncollectible accounts expense, and uncollectible accounts expense is estimated to be 2% of credit sales. Account receivable, John of $2000 is to be written off due to the closing down of his business. What is the amount of uncollectible accounts expense recognized in Ali Baba's income statement for January? (1 mark) (ii) (iii) XYZ Inc. bought 50000 shares on Jan 1 for $32.65 per share, plus brokerage commission of $2500. On Jan 16, sold 18300 shares for $34.50 per share less brokerage commission of $2000. Record the journal entries for the transactions, excluding explanation. (5 marks) Prepare a bank reconciliation as at 30 June 2021 for Han Inc. using the following information: The outstanding check with number 100 for $875 and deposit in transit of $3,300. Bank charges was $30. NSF check of LM Broke was $250. Note collected by the bank was $2000. There was an error recorded as $230 by Han Inc instead of $3 20 for check number 142. Bank statement shows a credit balance of $13 265 and depositor's account records has a balance of $14060. (6 marks)