NCERT Problems & Solutions

Chapter-16 : Provision and Reserves

21. An extract of Trial balance from the books of Tahiliani and Sons Enterprises on March 31, 2017 is given below: Name of the Account Debit Amount₹ Credit Amount₹ Sundry debtors 50,000 Bad debts 6,000 Provision for doubtful debts 4,000 Additional Information: Bad Debts proved bad but not recorded amounted...

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22. The following information are extract from the Trial Balance of M/s Nisha traders on 31 March 2017. Sundry Debtors 80,500 Bad debts 1,000 Provision for bad debts 5,000 Additional Information Bad Debts ₹ 500 Provision is to be maintained at 2% of Debtors. Prepare bad debts account, Provision for...

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