Accounting · Financial Statements
With the help of the following information, calculate the total provision/loss required for bad and doubtful debts: Debtors M: ₹3,200 Bad to be written off Debtors N: ₹8,000 expected to realize only 70% Debtors O: ₹6,000 expected to realize only 60% Debtors P: ₹4,000 financial condition very poor, no recovery is likely
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹4,000
- 2₹4,800
- 3₹12,000✓
- 4₹8,800
Correct answer
₹12,000
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