CA CPT June 2018 Question Paper Fundamentals of Accounting for online practice

Question : 11 of 53

Marks: +1, -0

Bad debts= Rs.2000 Provision for bad debts =Rs.3,500 Debtors=Rs,48,000Make a Provision for bad debts at 5% on debtors, The net effect on Profit & Loss A/c will Rs.___________