Question

From the following information find the amount to be debited to P & L A/c for the period ending 31-03-2014. Provision for doubtful debts - Rs. 800 (on01-04-2013)
Debtors on 31-03-2014 - Rs. 40,000 Bad debts - Rs. 2,000
Bad debts to be written off and provision for doubtful debts is to be created @ 5% on debtors
a)Rs. 3100
b)Rs. 4000
c)Rs. 3200
d)Rs. 3900

Answer 1

option ➡️ d) Rs. 3900

hope this helps you