CA CPT Model Test Paper 9 with solutions for online practice
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Question : 30 of 199
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Following are the extracts from the Trial Balance of a firm was on 31st December, 2010. Particulars Rs. Sundry debtors 30,000 Bad debts 5,000 Additional information:
(i) After preparing the trial balance, it is learnt that a debtor, Mohan became insolvent and therefore, the entire amount of Rs.3,000 due from him was irrecoverable.
(ii) 10% provision for bad and doubtful debts is generally created.
The amount of provision for bad and doubtful debts will be
(i) After preparing the trial balance, it is learnt that a debtor, Mohan became insolvent and therefore, the entire amount of Rs.3,000 due from him was irrecoverable.
(ii) 10% provision for bad and doubtful debts is generally created.
The amount of provision for bad and doubtful debts will be
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