CA CPT Dec 2015 Question Paper Fundamentals of Accounting for online practice

On 1st April, 2009 M/s Omega Bros, had a provision for bad debts of Rs. 6,500. During 2009 2010 Rs.4,200 proved irrecoverable and it was desired to maintain the provision for bad debts @ 4% ondebtors which stood at Rs. 1,95,000 before writing off bad debts. Amount of net provision debited toprofit and loss A/c will be: