Question

4)
Debtors amount is 20,000. Write
off rs 200 as bad debts and provide
5% reserve for doubtful debts on
sundry debtors and 2% reserve for
discount on Debtors. Find out
R.D.D. on debtors.​

Answer 1

Answer:

Debtors amount 20,000.

less:bad debts (200)

_________

19800

less:2% R.D.D (396)

(19800×2%) _________

19404

therefore R.D.D. on debtors is 396