Question

Path
c/usere/ public reep
Dr. Amount
5,000
.
particulars
CV-Amount
Sundry Debtors
50,000
Provision for Bad
Debts
provison for Dis
count
on debtors
2,ooo
Bad Debt
39000
Discount
1. Ooo
Additonal Bad Debts Rs.1,000
Additonal Dis count -RS. 500
Create aprovision for bad debts @ 10% on debtors.
I create
aprovision for discount @5% on debtors,
show the treatment in Final Accounts.​

Answer 1

Answer:

A Bank's Balance Sheet. A balance sheet is an accounting tool that lists assets and liabilities. ... The net worth is the asset value minus how much is owed (the liability). A bank's balance sheet operates in much the same way. A bank's net worth is also referred to as bank capital.

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