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On 1st April, 2014 M/s Omega Bros. had a provision for bad debts of Rs.15,000. It was desired to maintain the provision for bad debts @ 5% on Trade Receivables which stood at Rs.5,50,000. Bad debts of Rs.35,000 were not written off. The amount of bad debt to be debited to Profit & Loss will be? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On 1st April, 2014 M/s Omega Bros. had a provision for bad debts of Rs.15,000. It was desired to maintain the provision for bad debts @ 5% on Trade Receivables which stood at Rs.5,50,000. Bad debts of Rs.35,000 were not written off. The amount of bad debt to be debited to Profit & Loss will be? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 1st April, 2014 M/s Omega Bros. had a provision for bad debts of Rs.15,000. It was desired to maintain the provision for bad debts @ 5% on Trade Receivables which stood at Rs.5,50,000. Bad debts of Rs.35,000 were not written off. The amount of bad debt to be debited to Profit & Loss will be?.

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