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The following transactions relate to Tassie Wholesalers Ltd's uncollectable accounts for the financial year ended 30 June 2022. Transactions are GST inclusive. Jul 13 Wrote

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The following transactions relate to Tassie Wholesalers Ltd's uncollectable accounts for the financial year ended 30 June 2022. Transactions are GST inclusive. Jul 13 Wrote off the account of Tassie Tires due to the length of time it had been outstanding. The account had a balance of $5,500. Aug 18 Received $2,200 of the $3,300 owing from Huonville Meats. The remainder was written off as a bad debt. Oct 10 Re-established the account of V. Spatafore and recorded the collection of $4,400 in full payment of the account which was previously written off as a bad debt. Dec 1 Received a formal notification that S. Bucco was insolvent and wrote off the \$2,970 owing on her account as uncollectable. Mar 3 Received 50% of the $6,600 owing by Chigwell Constructions and wrote off the remainder as a bad debt. Apr 25 Received $7,700 from Battery Point Distillery in full payment of the account which was previously written off as a bad debt. Mar 3 Received 50% of the $6,600 owing by Chigwell Constructions and wrote off the remainder as a bad debt. Apr 25 Received $7,700 from Battery Point Distillery in full payment of the account which was previously written off as a bad debt. Jun 30 The Allowance for Doubtful Debts account needs to be adjusted to 5% of the Accounts Receivable Control account balance. The Accounts Receivable Control account had an opening balance of $381090 at 1 July 2020. The opening balance of the Allowance for Doubtful Debts account was $9,300 credit. Required: 3. Prepare the general journal entries to record the above transactions. You are not required to complete narrations or posting references. Question 5 (5 points) Saved b. Complete the Accounts Receivable Control account (running balance format). You are not required to complete posting references or individual subsidiary ledgers for each debtor. Question 6 (5 points) c. The management of Tassie Wholesalers Ltd are concerned that they are writing off Question 6 ( 5 points) c. The management of Tassie Wholesalers Ltd are concerned that they are writing oft too many debtor accounts as bad debts. What procedures could the management of Tassie Wholesalers Ltd implement in order to reduce the number of debtor accounts that are being written off as bad debts

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