Ryder provides the following information for the year ended 30 April 20*8. He maintains a provision for

Question:

Ryder provides the following information for the year ended 30 April 20*8. He maintains a provision for doubtful debts based on 2.5% of debtors outstanding at his financial year-end.

Bad debts not yet written off at 30 April 20*8

During the year £197 was received from Tickell. This amount had been written off as a bad debt some four years ago.


Required

Prepare:

a) A bad debts account
b) A provision for doubtful debts account
c) Tickell’s account;
d) A bad debt recovered account
e) A profit and loss account extract for the year ended 30 April 20*8.

Fantastic news! We've located the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: