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The Books of Accounts of Z Ltd. shows that the balance of sundry debtors is 50,000 and reserve for doubtful debts is 2,000. Later, the management of the company realized that debts to the extent of 1,000 will become bad and hence decided to create a reserve at 5% on debtors. The amount of reserve for doubtful debts to be shown in Profit and Loss Account is: (a) 2,500 (b) 2,350 (c) 2,450 (d) 1,450? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about The Books of Accounts of Z Ltd. shows that the balance of sundry debtors is 50,000 and reserve for doubtful debts is 2,000. Later, the management of the company realized that debts to the extent of 1,000 will become bad and hence decided to create a reserve at 5% on debtors. The amount of reserve for doubtful debts to be shown in Profit and Loss Account is: (a) 2,500 (b) 2,350 (c) 2,450 (d) 1,450? covers all topics & solutions for CA Foundation 2024 Exam.
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The Books of Accounts of Z Ltd. shows that the balance of sundry debtors is 50,000 and reserve for doubtful debts is 2,000. Later, the management of the company realized that debts to the extent of 1,000 will become bad and hence decided to create a reserve at 5% on debtors. The amount of reserve for doubtful debts to be shown in Profit and Loss Account is: (a) 2,500 (b) 2,350 (c) 2,450 (d) 1,450?, a detailed solution for The Books of Accounts of Z Ltd. shows that the balance of sundry debtors is 50,000 and reserve for doubtful debts is 2,000. Later, the management of the company realized that debts to the extent of 1,000 will become bad and hence decided to create a reserve at 5% on debtors. The amount of reserve for doubtful debts to be shown in Profit and Loss Account is: (a) 2,500 (b) 2,350 (c) 2,450 (d) 1,450? has been provided alongside types of The Books of Accounts of Z Ltd. shows that the balance of sundry debtors is 50,000 and reserve for doubtful debts is 2,000. Later, the management of the company realized that debts to the extent of 1,000 will become bad and hence decided to create a reserve at 5% on debtors. The amount of reserve for doubtful debts to be shown in Profit and Loss Account is: (a) 2,500 (b) 2,350 (c) 2,450 (d) 1,450? theory, EduRev gives you an
ample number of questions to practice The Books of Accounts of Z Ltd. shows that the balance of sundry debtors is 50,000 and reserve for doubtful debts is 2,000. Later, the management of the company realized that debts to the extent of 1,000 will become bad and hence decided to create a reserve at 5% on debtors. The amount of reserve for doubtful debts to be shown in Profit and Loss Account is: (a) 2,500 (b) 2,350 (c) 2,450 (d) 1,450? tests, examples and also practice CA Foundation tests.