1)Jones Ltd Trial Balance at 30 September 20X0 included: Debit $ Credit $ Receivables ledger control account 90,350 Allowance for doubtful debts brought forward 2,490 The following information is also available: (1) No entries have been made in respect of cash of $1,320 received from Marylyn Ltd whose balance had been written off last year, and 2) At 30 September 20X0 an irrecoverable balance of $1,950 is to be written off and the receivable allowance is to be adjusted to 15% of the remaining balance Required: Calculate the figure that will be reported in the statement of financial position at 30 September for receivables. 2)Michael and George have been in partnership for several years, sharing profits and losses in the ratio 3:4. At 1 January they had the following credit balances on their capital and current accounts: Capital $ Current $ Michael 65,000 11,486 Donald 80,000 9,637 The partnership statement of profit or loss for the year to 31 December shows a net profit of $28,595, and the partners had made drawings of $16,500 each. Required: Calculate the balance of Michael's current account at 31 December