🎴 Flashcard Mode
Trial Balance Preparation - Class XI
Card1 / 76
Mastered0
Review0
QuestionClick to flip
A's trial balance provides you the following information: Bad debts Rs.1,000. It is desired to maintain a provision for bad debts at Rs. 2,000. Amount debited to profit and loss a/c will be_________.
AnswerClick to flip back
A
Rs. 3,000
💡 Explanation:
Amount to be debited to P & L A/c = Bad debts + new provision
= RS-1,000 + RS-2,000
= RS-3,000.