SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
06 September 2011
plz tell me da treatment for da following in preparatn of final accounts.
trial balance------->debtors 16800/- ;PBDD=800;
adjustment: amt of 1200/-out of sundry debtors has to writtenoff as bad debt and PBDD has to be increased thereafter to 10% of debts outstanding.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 06 September 2011
TOTAL DEBTORS=16800
LESS BAD DEBTS=1200
BALANCE= 15600
PROVISION 10% OF 15600= 1560
PROVISION ALREADY MADE = 800
PROVISION TO BE MADE NOW=760
RECTIFY ME IF I AM WRONG
Goutam Jain
(punjab)
(104 Points)
Replied 06 September 2011
CAclubindia
