Multiple choice

Balance as on 1st April, 2010: Sundry Debtors = Rs. 5,20,000 and Bad Debt during the year = Rs. 10,000. Find the value of Provision for Bad Debt @ 10% as on 31st March, 2010.

  1. Rs. 52,000

  2. Rs. 53,000

  3. Rs. 51,000

  4. Rs. 10,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

 Provision for Bad Debt  as on 31st March, 2010: 10% of (5,20,000 - 10,000 = 5,10,000) = 51,000.

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