Subjective Questions on Following information is given in trial balance 3 marks Bad debt Rs 3 000 Provision for ba........... for Commerce ( 11 and 12th) Preparation

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Subjective Questions

Following information is given in trial balance 3 marks Bad debt Rs 3 000 Provision for ba...........

Accountancy (11th) Chapter-10 Financial Statements-2
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    Following information is given in trial balance    (3 marks)

    Bad debt Rs 3,000
    Provision for bad debts Rs 3,500
    Debtors Rs 40,000

    Additional information

    It is desired to make a provision for doubtful debts @ of 10% on debtors. The amount debited to profit and loss account is.

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