A business which prepares its financial statements annually to 31 December suffered bad debts which were written off:

The business had a balance of £740 on the allowance for doubtful debts account on 1 January 2021.
At the end of each year, the business carefully considered which of its debtors appeared doubtful and decided to carry forward an allowance of:

For each of the three years, prepare the allowance for doubtful debts account and state the total charge in relation to bad and doubtful debts in the income statements.

Transcribed Image Text:

2021 4,570 2022 3,260 5,080 2023