Question 4 - Accounting Concepts (10 marks) After preparing the financial statements for the year, Minnie Me if you can explain to her why "Accounts Receivable" was debited in the entry that she did in the journal below. Although she prepared this entry herself, she just did what she has been told to do, without understanding the entry, June 11 Cash at Bank $4,500 Accounts Receivable $5,500 Service Fees Revenue $10000 (Record revenue for the first half of June 2020, partly in cash, partly Accounts Receivable) With reference to the appropriate accounting definition, explain to Minnie Me which accounting element "Accounts Receivable" refers to and why it was debited on 11th June. Ensure you that you explain why the account was debited. (8 marks) Up to an additional 2 marks will be awarded for following the formatting requirements below. 12 explain why the account was debiteu. Up to an additional 2 marks will be awarded for following the formatting requirements below. Formatting hints: . Date your letter the 25th of November 2020 . . Address your letter to Minnie Me, "American Appetite", 8 Brooks Lane, Adelaide, 5000 Any formal business letter format is acceptable (a template has not been provided - students are expected to research business letter formats themselves). Set out your letter with subheadings to separate each part of your letter as you address the criteria required. Consider an appropriate way to begin and end your letter (consider the context of the letter). The use of appropriate language, accounting terminology and reference in your letter to the specific information presented in the question. No specific word count is prescribed. However, given the nature of the question, it would be expected that the entire letter (including address and sign-off) should require no more than a full page