- 04/22/2019 at 1:54 pm #562026EduGorillaKeymasterSelect Question Language :
From the following particulars, ascertain the amount of provision for doubtful debts to be debited to Profit & Loss A/c.
Opening Provision for Doubtful Debts: Rs. 24,000
Closing Sundry Debtors: Rs. 4,20,000
Bad Debts yet to be written-off: Rs. 20,000
Provide for Doubtful Debts @ 10% on debtors.
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