Trial balance of a business as on March 31, 2009 showed Sundry Debtors 1,70,000 and Bad Debts
Question:
Trial balance of a business as on March 31, 2009 showed Sundry Debtors ₹1,70,000 and Bad Debts ₹12,000. Business wishes to maintain a provision for doubtful debts @ 4% for the next year. Show adjustment entries and how these will appear in final accounts.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Provision f...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
2+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
