In a firm’s Balance Sheet, Total Debtors were appearing at ₹ 5,00,000 and provision for doubtful debts appeared at ₹ 10,000. On dissolution, bad debts were ₹ 1,00,000
In a firm’s Balance Sheet, Total Debtors were appearing at ₹ 5,00,000 and provision for doubtful debts appeared at ₹ 10,000. On dissolution, bad debts were ₹ 1,00,000 and the remaining debtors were realised at 10% discount. How much amount was realised from debtors?
[Ans. ₹ 3,60,000.]
Anurag Pathak Answered question September 28, 2024