Question 2 Shah Jahan Co. provides credit to its customers. The firm closes its accounts on 31 December every year. The following are details to its debtors for the years 2017, 2018 and 2019: Year Acc. receivable (after bad debts written off) Bad debts written-off Allowance for doubtful debts at the year end RM1,200 720 900 2017 2018 2019 RM12,000 16,500 18,000 RM240 360 300 + REQUIRED: a) Prepare the bad debts account and the allowance for doubtful debts account for each of the three years. (16 marks) b) Prepare the extract income statement and balance sheet as at 31 December 2017, 2018 and 2019. (9 marks) [Total: 25 Marks]