statement of financial position as at that date. 5. Syarikat Wassini makes an allowance for doubtful debts of 5% on accounts receivable. The balances in the relevant accounts on 1 July 20X2 are as follows: accounts receivable RM79,000 and allowance for doubtful debts RM3,344. During the year ended 30 June 20X3, the company incurred bad debts of RM5,680. An amount of RM1,500 was recovered in respect of bad debts previously written off. 1July #0000279000 xJm son You are required to show the following for the year ended 30 June 20X3: (a) Allowance for doubtful debts account (b) Statement of profit or loss (extract) (c) Statement of financial position (extract) ed