At 31 March 20*8 Morgan has debtors amounting to 40,000. She wishes to make a provision for

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At 31 March 20*8 Morgan has debtors amounting to £40,000. She wishes to make a provision for doubtful debts of 2.5%.

Required

a) Calculate the provision for doubtful debts.
b) Prepare a balance sheet extract to show how the provision is treated.

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Introducing Accounting For AS

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Authors: Ian Harrison

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Question Posted: Aug 23, 2023 04:37 AM

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At 31 March 20*8 Morgan has debtors amounting to 40,000. She wishes to make a provision for

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