Re: :::|| VU Askari ||::: MGT 101

 

Old Provision = 800

- Bad Debts  =  500

+ N Provision= 2225

New Provision = 2525

On Thu, Mar 4, 2010 at 5:43 PM, mc090406617 Sadia Saqib <mc090406617@vu.edu.pk> wrote:

Following information are extracted from books of Mr. XYZ

Particulars Rs.

Bad Debts (Given in trial balance) 500

Old provisions (Given in trial balance) 800

Sundry Debtors (Given in trial balance) 44,500

Provision for doubtful debts @ 5%

What will be the amount of new provision ?

need answer .... 

with complete solution.....

plz if anyone can tell...

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