** please don't copy and paste , and don't use handwriting**

2- On December 1, 2021, Ibrahim, Inc. purchased a copier for SAR 50,000 from Raghad; Ibrahim issued a 9% note due in 90 days in payment for the copier. What adjusting entry by Raghad is required on December 31?

3- On December 31, 2021, Ibrahim received his bank statement with a balance of SAR 30,000; the cash general ledger account on that date shows a balance of SAR 50,000.

Ibrahims accountant showed the following:

• The bank returned a customers NSF check for SAR 24,500 received as payment on account receivable.
• The bank statement showed SAR 500 interest earned during December.
• Outstanding checks totaled SAR 5,000
• SAR 1,000 check mailed to the bank for deposit had not reached the bank at the statement date.

Required:

1. Prepare bank reconciliation.
2. Pass adjusting entries.

4- On December31, 2021, Ibrahims books showed the following:

• Allowance for doubtful debt SAR 10,000
• Accounts receivable SAR 100,000
• After investigation of accounts, receivable, the Accountant decided that the desired allowance should be SAR 15,000.

Required: Pass adjusting entry for allowance for doubtful accounts.