Following is the extract of Trial Balance as on 31st March, 2025: Debtors ₹ 1,20,000 Adjustment: Create a Provision for Doubtful Debts @ 5% on Debtors.
Following is the extract of Trial Balance as on 31st March, 2025:
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.
| Heads of Accounts | Dr. (₹) | Cr. (₹) |
| Debtors | 1,20,000 | — |
Anurag Pathak Answered question 29 seconds ago
