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Que Sera Sera Enterprise is closing its accounts for the year ended 31 March 20x8. Its trade receivable and allowance for doubtful debts accounts have

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Que Sera Sera Enterprise is closing its accounts for the year ended 31 March 20x8. Its trade receivable and allowance for doubtful debts accounts have closing balances before adjustment of RM109,500 and RM5,000, respectively on The company's policy to provide for allowance for doubtful debts and its ageing analysis of the trade receivable are as follows: Overdue by Provision for doubtful debts Amount in RM 15,500 12,500 9,000 8,500 5,000 Up to 6 months 6-12 months 12-18 months 18-24 months More than 12 months 2% 5% 10% 15% Que Sera Sera Enterprise does not make any allowance for trade balances which Required: Prepare the folilowing (a) Calculation for the allowance for doubtful debts on 31 March 20x8 and its accounts (b) Extract of Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 March 20x8 Extract of Statement of Financial Position as at 31 March 20x8 (c)

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