The Asset section of the Balance Sheet of Aubergine Ltd at the 30th June 20X2 is presented below: Current Assets $ Cash at Bank $- 15,354 79,840 Inventory Accounts Receivable Less Allowance for Doubtful Debts 42,387 (3,981) 38,406 133,600 Non-Current Assets Plant & Equipment Less Accumulated depreciation Intangibles 1,950,000 (390,000) 1,560,000 250,000 1,810,000 TOTAL ASSETS 1,943,600 Note that where journal entries are needed narrations are not required. Round any calculations to the nearest dollar. a) During the year ending 30th June 20x3, Aubergine Ltd identified the following debts as uncollectible on the dates mentioned: Date Debtore Bad debt $2 11/10/X2 D. Martyna 1,2542 18/2/X32 N. Fyfe 1,7672 Required Prepare journal entry/ies to write off these bad debts on the dates mentioned. 3 marks le DR CR Date E- H H H E E E E- E E E E- E- H HE E L b) On 30th June 20x3 Aubergine Ltd reassessed its Allowance for Doubtful Debts account to allow for bad debts that may become uncollectable in the future using the aged receivables method. You are provided with the following aged debtors listing as at the 30th June 20x3.- Debtor Current 0-30 days-31-60 days 61-90 days 91+ days se $ $2 $2 $ 2,786 3,7604 1,348 989 1,3474 4,322 2,31046 T. Walker P. Dangerfield R. Sloane A. Gaffe S. Pendlebury L. Neale N. Natainuie R. Gray L. Franklin 3,6564 1,3234 1,982 1,800 1,112 5,438 2,329 3,1854 1,8774 4,534 3,244 2,8784 Aubergine Ltd have determined that the following rates of uncollectability are to be applied in determining their allowance for bad debts. t Current To 30 days 31-60 days 61-90 days 90+ days 1.0% 2.5% 4.0% 18.0% 45.0% Required 7 marks Prepare the general journal entry to record the Allowance for Doubtful Debts for Aubergine Ltd as at 30th June 20x3 using the aged receivables method and the above information. Note- you need to take account of the debts written off in part a) above when calculating the journal entry. Date DR CR E- E- E E E- E- E- E- E- HA H. H HE E E- H e