Exclusives by Beth starts on $1$ January $2012$ and its financial year end is $31$ December annually.

A table of the debtors, the bad debts written off and the estimated bad debts at the rate of $2\%$ of

debtors at the end of each year is given below.

Year to $31$

December

Debtors at the end

of year$/$after bad

debts written off

Bad debts written

off during the

year

Debts thought at

end of year to be

impossible to

collect: $2\%$ debtors

$2012$

$2013$

$2014$

$2015$

$

$6000$

$7000$

$7750$

$6500$

$

$423$

$510$

$604$

$610$

$

$?$

$?$

$?$

$?$

Required to show:

A$.$ The Bad debts A$/$C $(8$ marks$)$

B$.$ The provision for bad debts A$/$C $(11$ marks$)$

C$.$ The Balance Sheet Extract for the year ending $2012,2013,2014,2015$