Paul Simpson is a sole trader. During the year ended 31 March 20-8 the following customers were declared bankrupt:

Date Customer Amount of Rate received in debt final settlement 20-7

£

31July J Brown 275.50 20p in the pound 30 September K Lawson 350.00 55p in the pound 31 December B Nicholas 190.50 40p in the pound 20-8 28 February M Swan 164.00 25p in the pound You are required to write up the bad debts account in the ledger of Paul Simpson for the year ended 31 March 20-8. Include all relevant dates and clearly show the amount to be transferred to the appropriate final account.