Question

Arushi, Vivaan, and Mitali were partners in a firm. On 31st March 2024, the firm was dissolved. On that date, the firm had debtors of ₹ 60,000, and a provision for doubtful debts of ₹ 3,000 was existing in the books. Debtors of ₹ 8,000 proved bad, and the full amount was realised from the remaining debtors. The amount realised from debtors was ______.

विकल्प

• ₹ 60,000

• ₹ 52,000

• ₹ 55,000

• ₹ 49,000

Answer 1

Arushi, Vivaan, and Mitali were partners in a firm. On 31st March 2024, the firm was dissolved. On that date, the firm had debtors of ₹ 60,000, and a provision for doubtful debts of ₹ 3,000 was existing in the books. Debtors of ₹ 8,000 proved bad, and the full amount was realised from the remaining debtors. The amount realised from debtors was ₹ 52,000.

Explanation:

Amount realised from debtors = ₹ 60,000 – ₹ 8,000

= ₹ 52,000