Menu
Plz solve..
Bad debts Rs.4000; provision for bad debts Rs.5000; sundry debtors Rs.25000. It is desired to create a provision for dad debts At 10% on sundry debtors at end of the year. Sundry debtors will appear in the Balance sheet at ?. . . . Ans, is Rs.22500. Plz explain
Replies (1)
Its so simple dedct 10% ie new bad debt from Sundry Debtors:25000-10%of 25000=22500
Recent Topics :
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
Related Topics :
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
CCI
Pro
CAclubindia
