A business, which started trading on 1 January 2010, adjusted its allowance for doubtful debts at the end of year on a percentage basis, but each year the percentage rate is adjusted in accordance with the current economic climate. The following details are available for the three years ended 31 December 2010, 2011 and 2012.

	Bad debts written off year to 31 December	Accounts receivable at 31 December after bad debts written off	Percentage allowance for doubtful debts (%)
2010	1,240	41,000	4
2011	2,608	76,000	6
2012	5,424	88,000	5

You are required to show

1. A bad debts accounts for each of the three years
2. Allowance for doubtful debts accounts for each of the three years
3. Statement of financial position extract as at 31 December 2010, 2011 and 2012.