Write off further amount of 100 as bad debts and maintain the bad debts reserve at 5% on debtors
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100 is a old B.D
5% reserv is treated on debtor.
1 effect is Dr side of p&L account
2 is asset side of balance sheet.
if you like.....
make me brainlist
5% reserv is treated on debtor.
1 effect is Dr side of p&L account
2 is asset side of balance sheet.
if you like.....
make me brainlist
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