QUESTION 1 The following balances were extracted from the books of Splendid Wholesaler on 1 September 2021: Dr (RM) Cr (RM) Purchase ledger control 36,900 Sales ledger control 58,185 The following transactions were made in the month of September 2021: RM 59,800 400 8,450 22,956 1,900 200 710 Sales on credit Discounts received Cash sales Credit purchases Discounts allowed Bad debts written off Returns inwards from credit customers Returns outwards to credit suppliers Payments to credit suppliers Receipts from credit customers Legal fees re: debt collection charged to customers account Accounts receivable's cheque dishonoured Cash purchases Debit balance on sales ledger transferred to purchase ledger per contra 1,690 36,240 56,610 135 600 4,850 2,200 The allowance for doubtful debts at 1 September 2021 was RM1,270 and it was to be adjusted to 5% of accounts receivable at 30 September 2021. Required Prepare the following for the month of September 2021: a) Sales ledger control accounts. (10 marks) b) Purchases ledger control accounts. (7 marks) c) Statement of financial position extract showing the balance for accounts receivable, accounts payable and working capital. (2 marks) d) Calculate the amount to be charged as doubtful debts in the profit or loss. Indicate whether the amount is increase/decrease and debit/credit to profit or loss. (1 mark)