Provision for doubtful debts------1,000Cr
Bad debt...
Provision for doubtful debts------1,000Cr
Bad debts--------500Dr
Debtors-------50,000Dr
Additional bad debts to be written off-----500
New provision for doubtful debts to stand at 5% of debtors
The net figure for debtors in the balance sheet is
Le 47,025
Le 46,550
Le 45,600
Le 45,500
Correct answer is D
No explanation has been provided for this answer.
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