Camel Ltd traditionally estimated its allowance for doubtful debts as a percentage of net credit sales for the year. An analysis of the variance between the allowance amount and the actual bad debts written off for the past $5$ years has shown significant unfavourable discrepancies. In the previous year $($ended $30$ June $2022)$ the allowance was estimated at $$24000,$ but bad debts written off during the current year were $$11200$ more than allowed for. Consequently, the accountant has decided to change the method of estimation from a percentage of net credit sales to an analysis of the accounts receivable balances. This analysis estimated that the allowance for doubtful debts should be $$35600$ as at $30$ June $2023($the current year$).$

Required

$1.$ Show the following for the year ended $30$ June $2023$:

$($a$)$ the ledger account for the allowance for doubtful debts

$($b$)$ the end of the reporting period adjusting journal entry.

$2.$ Justify your accounting treatment in requirement $1$ with reference to the requirements of AASB $108/$IAS $8.$

$3.$ Explain how and why the change in method of estimation should be disclosed by Camel Ltd$.$