Question

In the Balance Sheet Total Debtors appear at ₹ 1,00,000 and Provision for Doubtful Debts appear at ₹ 8,500. If bad debts amount to ₹ 20,000 and remaining debtors are realised at a discount of 10%, the amount realised from debtors will be ______.

Answer 1

In the Balance Sheet Total Debtors appear at ₹ 1,00,000 and Provision for Doubtful Debts appear at ₹ 8,500. If bad debts amount to ₹ 20,000 and remaining debtors are realised at a discount of 10%, the amount realised from debtors will be ₹ 72,000.