Plz solve..

423 views 1 replies
Bad debts Rs.4000; provision for bad debts Rs.5000; sundry debtors Rs.25000. It is desired to create a provision for dad debts At 10% on sundry debtors at end of the year. Sundry debtors will appear in the Balance sheet at ?. . . . Ans, is Rs.22500. Plz explain
Replies (1)

Its so simple dedct 10% ie new bad debt from Sundry Debtors:25000-10%of 25000=22500


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register