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  1. Soma and Navya were partners sharing profits in the ratio of 2: 1. Ananya 1 5 th share in profits. Following balances was admitted as a partner for th appeared in the books of the firm on that day.

    Debtors

    1,80,000

    12,000

    Provision for Doubtful Debts

    ₹

    Debtors worth ₹10,000 became bad. It was decided to create 4% provision on doubtful debts.

    Pass necessary journal entries.

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