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+ TUTORIAL 118.... @ + : TUTORIAL 1 Bad Debts, Allowance for Doubtful Debts and Provisions for Discounts on Accounts Receivable A business, which started

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+ TUTORIAL 118.... @ + : TUTORIAL 1 Bad Debts, Allowance for Doubtful Debts and Provisions for Discounts on Accounts Receivable A business, which started trading on 1 January 2017, adjusted its double debt provision at the end of each year on a percentage basis, but each year the percentage rate is adjusted in accordance with the current economic climate'. The following details are available for the three years ended 31 December 2017,2018 and 2019. Debtors at 31 December Percentage provision for doubtful debts RM Bad debts written off year to 31 December RM 1,240 2,608 5,424 2017 2018 2019 RM 41,000 76,000 88.000 You are required to show: a) Bad Debts Accounts for each of the three years. b) Provision for Doubtful Debts Accounts for each of the three years. c) Balance Sheet extracts as at 31 December 2017, 2018, 2019

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