As at the year end 31.12.X5 the following debts out of a total debtors figure of 54,500
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As at the year end 31.12.X5 the following debts out of a total debtors’ figure of
£54,500 are found to be bad:
The balance sheet as at 31.12.X4 showed a provision for bad debts for the busi¬ ness of £2,100. The provision for bad debts as at 31.12.X5 is estimated to be 5% of debtors’ balances. Show the bad debts account, provision for bad debts account and the balance sheet as at 31.12.X5.
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