Re: (VU-Study-Corner) Guide me

when bad debts are appears in adjustment then we subtract from debtor in balance if bad debts are appears in trial balance then we just subtract from trading profit and loss accounts in case of provision this is calculated on remaining debtor so in this case total debtors are of 33200 and bed debts are showing in adjustment so we have to subtract from debtors and then calculate provision on remain debtor so 33200-2400=30800 are the remaining debtor 30800 is the amount on which we have to calculate provision.

On Sun, Jan 22, 2012 at 7:55 PM, Ikram Saddique <ikram.saddique@gmail.com> wrote:

Bro I just has a doubt and I want to clear.

 

I think we should dedcut actual bad debts 2400 first

then create provison  5 percent

and total deduction will be 3940/-

 

PLease clear my confusion.

On Sun, Jan 22, 2012 at 6:52 PM, honey1 <mc100400489@vu.edu.pk> wrote:

bro careful again chek that 2400 ki adjstment kahan hoi hy

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