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 bad debts account and profit and
loss account.
NCERT/Rationalised 2023-24/Numerical Questions/Q-22