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Task 2 : Raysoot Company has sold goods on credit RO 5 5 0 , 0 0 0 on 3 1 s t December 2

Task 2:
Raysoot Company has sold goods on credit RO 550,000 on 31st December 2020 and received RO 100,000 towards credit sales. The company had Allowance for bad debts (debit) balance of RO 55000 and the balance in accounts receivable accounts RO 450,000.
\table[[Age of Accounts receivable,Amount,Percent],[Less than 5 days,225,000,5%
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