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

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Question : 31 of 60
 
Marks: +1, -0
Depreciation Rs 84,500
Bed Debts Rs 2,500
Increases in provision for doubtful debts Rs 22,000
Proposed dividend Rs 73,200
Retained profit for the year Rs 1,22,000
Liability of tax Rs 26,400
State what amounts should be transferred to:
i)Provision
ii)Reserves
iii)Neither related to provisions nor reserves
Prov Res No Prov./Res
(a)Rs 1,32,900Rs 1,22,000 Rs 75,700
(b)Rs 95,200Rs 1,22,000 Rs 1,13,400
(c)Rs 1,22,000Rs 95,200 Nill
(d)Rs 1,22,000Rs 1,21,000 Nill
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