15. Prepare the bad debts account, provision for account, profit and loss account and balance sheet from the following information as on March 31, 2017
₹ | |
Debtors | 80,000 |
Bad debts | 2,000 |
Provision for doubtful debts | 5,000 |
Adjustments:
Bad debts ₹500 Provision on debtors @ 3%.
NCERT/Rationalised 2023-24/Numerical Questions/Q-15
Answer :