Trial balance as on March 31, 2010 showed Sundry Debtors of ₹80,000; Bad Debts  ₹5,400; Discount Allowed  ₹500 and Provision for Doubtful Debts  ₹7,000. It was decided to maintain provision for doubtful debts @ 4% of debtors and provision for discount on debtors @ 2% for next financial year. Show how both of these provisions are to be maintained and projected in the final accounts.