
Treatment of Further Bad Debts and provision for Doubtful Debts | Final Accounts Class 11
Treatment of Further Bad Debts and provision for Doubtful Debts | Final Accounts Class 11 Following information the extract from the trail balance of dev as at 31st March, 2023: Heads of Accounts l.f. dr.(₹) Cr. (₹) Sundry Debtors 300000 Additional information: create a provision for Doubtful Debts @5% on sundry debtors. Pass necessary journal entry and show it in profit and loss account and balance sheet.