7/25/2019 Class XI Q.

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Q.1) On 1stJan 2010, Bhavisha & CO. had the following balancesundry debtorsRs.0,000 !"# $rovision for doubtful debts Rs.%000. during theyear ended %1st#eceber 2010, Bhavisha & co. sold goods oncredit aounting to Rs.

1',00,000.during the year, debtors returned goods valuing Rs. '000collected fro debtors in cash Rs.10,00,000 and also fro B(R incash Rs.2,00,000. !llowed the discount Rs.2000 and received frothe acce)tance aounting to Rs. 2,00,000. *he +r couldntcollect Rs.'000 fro the debtors and decided to create a )rovisionfor doubtful debts -' on %1st#eceber 2010. /ou are reuired toshow the sundry debtors account and )rovision for doubtful debtsaccount in the boos of Bhavisha & co)any.

Q.2)ollowing inforations received fro a trial balance of a

trader on %1st

3arch, 2010 4#ebtors Rs.2',000$rovision for doubtful debts Rs.1200Bad debts Rs.200*he )rovision for bad debts increases fro ' by trader in the endof the year.!dditional inforations were out f the trial balance 56uture bad debts 7 '00!dditional discount 7%00%1st3arch 2011, the debtors were Rs.%0,000, res)ectively and baddebts were Rs.1800. $re)are necessary accouts in the boos of

trader, how to show these things in )ro+t & loss account andbalance sheet of 2010511.!lso tell this.