dhasu question

CPT 1257 views 6 replies

plzzzzzzzz explain with your views

plzzzzz explain.

1)Sundry debtor on 31st march 2010 are Rs. 1,05,000. Further bad debts are rs. 5,000, sales return recorded in the books rs. 10,000.
Old provision for bad debts is Rs.4,000. Provision for doubtful debts is to be made on debtors @ 10% and also provision of discount
is to be made on debtors @ 3%. What will be the amount for bad debts charged in profit and loss a/c after considering provision for 
doubtful debts?

a)2,700 b)10,500 c)12,700 d)6,000
Replies (6)

????

 

the ans is 10000

bd:

old bd

+nbd 5000

+n rdd(105000-5000:new bd-10000:sr  == 90000*10%)9000

- old rdd 4000

 

ans is 10000

got it ?????

no...

 

see

bd means bad debts

nbd-new bad bebts

rdd-reserve for doubtful debts

 

and bad dbets=

old bd+newbd+new rdd-old rdd

std 11th final a/c bad debts format............remember???

sir but isme toh p&l me kaun sa amt. jayega wo likha hai...


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