Provision for doubtful debt

Shubham Jain (Haryana) (131 Points)

25 January 2015  
plz answer this quest. opening provision =51000 during yhe year 10000 is written off as bad debt. closing balance of debtor is 630000. It was decided that 10% of the debtors is to be maintained as provision. Calculate closing balance towards provision for D.D. and pass journal entry.