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Following is the extract of Trial Balance as on 31st March, 2025:
Heads of Accounts Dr. (₹) Cr. (₹)
Debtors 1,20,000
Adjustment: Create a Provision for Doubtful Debts @ 5% on Debtors. Pass necessary entries and show these items in the Profit & Loss Account and the Balance Sheet.
Anurag Pathak Answered question 29 seconds ago
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