The following is the Trial Balance as at 30 June 2022 extracted from the general ledger of Kurma Madu Enterprise which involved in the trading of sweets products in Klang. The business is owned bv Mr. Macho. CONFIDENTIAL Additional information: 1. The company uses First-In-First-Out (FFO) basis in valuing its inventories. The cost of inventory as at 30 June 2022 was RM14,600 and the net realizable value was RM14,800. 2. Telephone bills amounting to RMS00 was still outstanding at the end of accounting period. 3. Included in the total insurance paid, there was a payment of insurance in advance for two (2) months. 4. Depreciation is to be provided at 5% per annum on book value for motor vehicles and 10% per annum on cost for office equipment. 5. Part of interest on fixed deposit is yet to be received amounting to RM600. 6. Inspection on sales invoice and receipts revealed that out of twelve debtors, only nine debtors managed to settle their accounts. Additional bad debts to be written off is RM530 using allowance method and allowance for doubtful debts is to be increased by RM50. Allowance for discount allowable was to be 10% of potential good debtors. 7. The owner had rented out part of the building to a tenant on 1 November 2021 . On the same day, the tenant paid rental amounting to RM4,800 for eight (8) months until 30 June 2022 . 8. Mr. Macho had withdrawn RM1,800 worth of goods and RM400 cash for personal use and no record has been made in the account. 9. The payment of principle loan from EON Bank and its interest for the month of December 2021 amounting to RM600 and RM250 respectively had been made on 28 December 2021. However, the transaction had not being recorded anywhere in the books. Required to prepare: a) Trade receivables account (ledger). (5 marks) b) Allowance for doubtful debts and allowance for discount allowable (ledger). (5 marks) c) Statement of Profit or Loss for the year ended 30 June 2022. (Show all workings) (20 marks) d) Statement of Financial Position as at 30 June 2022. (Show all workings) (20 marks)