Book value of Debts

What is the book value of debtors when provision for BAD debts is given and what is the book value when provision for DOUBTFUL debts is given in question

Replies (1)

when 1% doubtful debts amounts to rs9000 and in Balance sheet if Drs are shown as 891000 given after proving 1% on doubtful debts  find out 100% drs which will be 900000 

 

Here I took example of provision for doubtful debts alone but if u take both say provision for baddebts 2% ,provsion for doubtful debts 1%  balance in Balance sheet will be 97% of drs to get 100% of book value find out accordingly

hope i made u clear to some extent

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