The following information are extract from the Trial Balance of M/s Nisha traders on 31 March 2017.
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The following information are extract from the Trial Balance of M/s Nisha traders on 31 March 2017.
Prepare bad debts accound, Provision for bad debts account and profit and loss account.
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Sundry Debtors Bad debts Provision for bad debts Additional Information Bad Debts Provision is to be maintained at 2% of Debtors. el 80,500 1,000 5,000 *500
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Bad Debts Account Date Particulars Debit Credit Balance 20170331 To Provision for Bad Debts 1000 100...View the full answer
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Accountancy Financial Accounting Part 1 Textbook For Class 11
ISBN: 9788174505071
1st Edition
Authors: NCERT
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