Fwd: (VU-Study-Corner) Guide me

Yaha se li ha. Actual email se.

 

 

 

 

 

---------- Forwarded message ----------
From: bc110201055 Mehwish Maqsood <bc110201055@vu.edu.pk>
Date: Sun, Jan 22, 2012 at 4:51 PM
Subject: (VU-Study-Corner) Guide me
To: vu-study-corner@googlegroups.com

Respected fellows,

                               Assalam-u-Alaikum, please if any one know then please tell me its procedure

Following information are extracted from books of Mr. XYZ

 

Particulars	Rs.
Closing value of stock	40,000
Write off Bad debts (given in adjustments)	2,400
Sundry Debtors (given in trial balance)	33,200
Provision is created on Debtors at 5%

Requirement:  Identify the Total amount which will deduct from Sundry debtors.

       ► Rs. 460

       ► Rs. 2,400

       ► Rs. 1,540

       ► Rs. 3,940

                                                   Thank You,

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