the trial balance of a trader contains the following items trade receivables Rs 3,20,000 provision for bad & doubtful debts Rs 17,000 bad debts Rs 20,000 further information :- provide 5% for bad &debts find out the amount to be transferred to profit and loss a/c? (a) Rs. 18,000 (b) Rs.19,000 (c) Rs.17,000 (d) Rs. 20,000
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The trial balance of a trader contains the following items trade receivables Rs 3,20,000 provision for bad & doubtful debts Rs 17,000 bad debts Rs 20,000 further information :- provide 5% for bad &debts. The amount to be transferred to profit and loss a/c is Rs. 19,000.
So, the Answer is :-
[B] Rs. 19,000 ✓✓
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Option.B
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