Prepare the bad debts account, provision for account, profit and loss account and balance sheet from the
Question:
Prepare the bad debts account, provision for account, profit and loss account and balance sheet from the following information as on December 31, 2005
Adjustments :
Bad debts Rs.500 Provision on debtors @ 3%.
Transcribed Image Text:
Debtors Bad debts Provision for bad debts Rs. 80,000 2,000 5,000
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