A business started trading on 1 January 2010. During the two years ended 31 December 2010 and 2011 the following debts were written off to the Bad Debts Account on the dates stated:

On 31 December 2010 the total accounts receivable was £55,000. It was decided to make an allowance for doubtful debts of £800. On 31 December 2011 the total accounts receivable was £59,000. It was decided to make an allowance for doubtful debts of £900. You are required to show: (i) The Bad Debts Account and the Allowance for Doubtful Debts Account for each of the two years. (ii) The relevant extracts from the Statements of Financial Position as at 31 December 2010 and 2011.

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31 May 2010 31 October 2010 31 January 2011 30 June 2011 31 October 2011 F. Lamb A. Clover D. Ray P. Clark J. Will 200 300 100 400 50