Rivers Limited has trade receivables of ₦1,922,000 on April 1, 2020. At the end of its accounting year on March 31, 2021, sales on credit were ₦6,247,000, receipts from customers were ₦6,297,000, and bad debts written off were ₦172,000. In addition, Rivers Limited has a policy of providing 2% allowances on its trade receivables.

Required:
(i) Prepare the Receivables Control Account
(ii) Prepare the Allowances for Doubtful Debt