Question 4: During 2019, Indah Company recorded credit sales of RM2.000.000. Based on prior experience, it estimates a 1 percent bad debt loss rate on credit sales. At the beginning of the year, the balance in net accounts receivable was RM150,000. At the end of the year, but before the bad debt expense adjustment was recorded and before any bad debts had been written off, the balance in net accounts receivable was RM125,000 Required: a. Assume that on 31 December 2019, the appropriate bad debt expense adjustment was recorded for the year 2019 and accounts receivable totaling RM16,000 was written off for the year. What was the accounts receivables turnover ratio for the year? (3 marks) b. Assume that on 31 December 2019, the appropriate bad debt expense adjustment was recorded for the year 2019 and accounts receivable totaling RM12,000 was written off for the year. What was the accounts receivables turnover ratio for the year