sundry debtors:14,300 adjustment: write off RS. 500 as bad debts and maintain the provision for doubtful debts at 5% on sundry debtors
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Given:-
sundry debtors =14300
bad debts= 500
provision for doubtful debts = 5 percent
Explanation:
500 × 5÷100= 25
14300 - 25 = 14275
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