The opening balance on the provision for doubtful debts account was $820. The closing debit balance on

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The opening balance on the provision for doubtful debts account was $820. The closing debit balance on the sales ledger control account was $25 500 and a provision of 3% is to be made.

(a) Calculate the closing balance on the provision account.

(b) What is the required double entry to account for the change in provision?

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Cambridge International As And A Level Accounting Revision Guide

ISBN: 9781444192001

1st Edition

Authors: Ian Harrison, Michael Hillman

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Question Posted: Aug 28, 2023 12:17 PM

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The opening balance on the provision for doubtful debts account was $820. The closing debit balance on

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Cambridge International As And A Level Accounting Revision Guide

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