Following is the extract of Trial Balance as at 31st March, 2025: Debtors ₹ 1,04,000
Following is the extract of Trial Balance as at 31st March, 2025:
Additional Information: One of the debtors who owed us ₹ 10,000 became insolvent and nothing could be recovered.
Show the relevant extract from the Profit & Loss Account and Balance Sheet.
| Heads of Accounts | Dr. (₹) | Cr. (₹) |
| Debtors | 1,04,000 | — |
| Bad Debts | 5,000 | — |
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