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Exercises on account of debtors The first exercise: You had the following information during 2012: 1- The debit balance of 350,000. The balance of provision
Exercises on account of debtors The first exercise: You had the following information during 2012: 1- The debit balance of 350,000. The balance of provision for doubtful debts is 4000 d. 2- The total sales was 100000D. 30% futures. 3- The future sales returns were 2000 d. 4- Cash receipts from debtors during the year 24700. Upon examining the debtors at the end of the hundredth, it is decided the following: A- Cancellation of a debt due to the current year in the amount of 1300 D. B- Cancellation of a debt dating back to the previous year, in the amount of 3000 dinars. C-A debt that was previously written off in previous years, amounting to 1,000 dinars, was collected. M/Daily registration of iodine, settlement iodine procedure, provision for doubtful debts At 5% of the debtors 'balance at the end of the period, with a partial balance sheet photographed. Exercises on account of debtors The first exercise: You had the following information during 2012: 1- The debit balance of 350,000. The balance of provision for doubtful debts is 4000 d. 2- The total sales was 100000D. 30% futures. 3- The future sales returns were 2000 d. 4- Cash receipts from debtors during the year 24700. Upon examining the debtors at the end of the hundredth, it is decided the following: A- Cancellation of a debt due to the current year in the amount of 1300 D. B- Cancellation of a debt dating back to the previous year, in the amount of 3000 dinars. C-A debt that was previously written off in previous years, amounting to 1,000 dinars, was collected. M/Daily registration of iodine, settlement iodine procedure, provision for doubtful debts At 5% of the debtors 'balance at the end of the period, with a partial balance sheet photographed
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