Question 1: Jaafar Trading Sdn Bhd (JTSB) has has the following ageing schedule as at 31 December 2018 1/40 60-90 days Over 91 days 0.03 Account Receivables Aging Schedule Name Total 1 - 30 days 31- 60 days (RM) Total Account 92,500 31,000 34,000 Receivable Estimated 2% 3% uncollectible 21,500 6,000 4% 5% 1010 d) Show the accounting treatment for bad debt: i) Journalize the adjusting entry for bad debts on 31 December 2018 by assuming the unadjusted balance for Allowance for Doubtful Debt Account is credit RM1.800 (3 marks) ii) Prepare the Allowance for Doubtful Debt Account (3 marks) iii) Prepare the extract of Statement of Financial Position as at 31 December 2018 to show the Accounts Receivables and Allowance for Doubtful Debt Account marks) (3 e) Show the accounting treatment for bad debt: i) Journalize the adjusting entry for bad debts on 31 December 2018 by assuming the unadjusted balance for Allowance for Doubtful Debt Account is debit RM1,800 (3 marks) ii) Prepare the Allowance for Doubtful Debt Account (3marks) 111) Prepare the extract of Statement of Financial Position as at 31 December 2018 to show the Accounts Receivables and Allowance for Doubtful Debt Account