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RDD

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 January 2011 Provision for doubtful debts is 1000 &
debtors are 90,000 at end of year,
provision for doubtful debt 1% required, then
the entry
a) P & L A/c Dr 900
To provision for doubtful debts 900
b) Provision for doubtful debts 900
To P & C A/c 900
c) P & L A/c Dr 100
To RDD A/c 100
d) none of these
what is the answer n reason?????
pls rply if any one knws the answer
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
05 January 2011 Non of the above

correct entry is

Provision for doubtful debts 100
To P & C A/c 100
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Querist : Anonymous

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Querist : Anonymous (Querist)
05 January 2011 what is the meaning of the question what is asked in question?
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