Debtors 6200,the provision for doubtful debts is to be provided for a specific debt of 200, plus 2% of the remaining debtors.?

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
If the provision for doubtful debts is not created, which of the following entry...
Posted by:
Shazia Anees
19-May-2015

Question added by Episode Masvanhise
Date Posted: 2018/09/29

Upvote (0) Views (2) Followers (2) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

MohamedFayaz Mohideenbatcha

by MohamedFayaz Mohideenbatcha , Accountant , Professional Group Insurance agency Company(Tawuniya Authorized Agent)

DR. CR. Doubtful Debit. 200 Account Recivable. 200 P&L Acc. 120 Provision P& L. 120

Upvote (0)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

Debtors of rupees 2,000 will be written off as bad debs and provisions of 5% on debtors for bad and doubtful debts will be maintained?
Top Answer: All bad debts should be routed through Provision for Bad Debts (B/S a/c) when your accounting policy stat ... See More

Answers (1)
If we have made a provision against doubtful debts of AED 500. After year end we received AED 200 what entry we will pass now?
Top Answer: <p>1st entry - when amount received from customer: Receipt voucher, debit Bank A/c and credit Custo ... See More

Answers (2)
What are the differences between provision for bad debts and provision for doubtful debts?
Top Answer: Provision for doubtful debt means which a business or individual is unlikely to be able to collect. And a ... See More

Answers (2)
What are the Accounting treatments for Bad Debt, Doubtful Debt And Provision For Bad Debt?
Top Answer: Doubtful debts A/C ...... dr Provision for bad and doubtful debts A/C .........cr. When confir ... See More

Answers (12)