A bad debt of Rs1560 had not been written off and provision for doubtful debts should have been maintained at 10% of debtors which are shown in the trial balance at Rs 23390 with a credit provision for bad debts at Rs 2320.
what would be the journal entries for this transaction and how to calculate the new provision for bad debts?
please answer to this question
thanks in advance:)
CAclubindia
