20.1 In a new business during the year ended 31 December 2020 the following debts are found to be bad, and are written-off on the dates shown: 31 May 30 September 30 November T. Fox 840 G. Pegg G. Swan 930 720 On 31 December 2020 the schedule of remaining accounts receivable totalling 47,350 is examined and it is decided to make an allowance for doubtful debts of 947. You are required to show: (a) The Bad Debts Account, and the Allowance for Doubtful Debts Account. (b) The charge to the Income Statement. (c) The relevant extracts from the Balance Sheet as at 31 December 2020. 20.2 A business had always made an allowance for doubtful debts at the rate of 4 per cent of accounts receivable. On 1 January 2018 the amount for this, brought forward from the previous year, was 1,300. During the year to 31 December 2018 the bad debts written-off amounted to 6,380. On 31 December 2018 the accounts receivable balance was 37,000 and the usual allowance for doubtful debts is to be made. You are to show: (a) The Bad Debts Account for the year ended 31 December 2018. (b) The Allowance for Doubtful Debts Account for the year. (c) Extract from the Income Statement for the year. (d) The relevant extract from the Balance Sheet as at 31 December 2018. 20.3 A business started trading on 1 January 2017. During the two years ended 31 December 2017 and 2018 the following debts were written off to the Bad Debts Account on the dates stated: 31 May 2017 S. Gill 500 31 October 2017 H. Black 400 31 January 2018 A. Tims 200 30 June 2018 F. Dale 900 31 October 2018 J. Park 100 On 31 December 2017 the total accounts receivable was 104,000. It was decided to make an allowance for doubtful debts of 3,120. On 31 December 2018 the total accounts receivable was 116,000. It was decided to make an allowance for doubtful debts of 3,480. You are required to show: (1) The Bad Debts Account and the Allowance for Doubtful Debts Account for each of the two years. (ii) The relevant extracts from the Balance Sheets as at 31 December 2017 and 2018