In a new business during the year ended 31 December 2006 the following debts are found to be bad, and are written off on the dates shown On 31 December 2006 the schedule of remaining debtors totalling 17,162 is examined and it is decided to make a provision for doubtful debts of 343 You are require...

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In a new business during the year ended 31 December 2006 the following debts are found to

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In a new business during the year ended 31 December 2006 the following debts are found to be bad, and are written off on the dates shown:

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On 31 December 2006 the schedule of remaining debtors totalling £17,162 is examined and it is decided to make a provision for doubtful debts of £343.
You are required to show:

(a) The bad debts account, and the provision for doubtful debts account.

(b) The charge to the profit and loss account.

(c) The relevant extracts from the balance sheet as at 31 December 2006.

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Business Accounting Uk Gaap Volume 1

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Authors: Frank Wood, Alan Sangster

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In a new business during the year ended 31 December 2006 the following debts are found to

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31 March 30 June G Frank 180 B Will 219 31 October R Stot 42

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Business Accounting Uk Gaap Volume 1

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