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Scenario-1 1-1-21 the books the following balances: of Account of ABC shows. Total Customer Customer Cust C B Cust D Recevables 2620000 540000 400000 730000

Scenario-1 1-1-21 the books the following balances: of Account of ABC shows. Total Customer Customer Cust C B Cust D Recevables 2620000 540000 400000 730000 890000 175000 Allowance During the year Croclit sales 2 made RS 600,000. 0 0 Cash -recut from D Rs 300000. Cust. A become bankrupt RIS 200,000. of the diputed balance recovered. 0 lust-C balance. subject to a dispute for and its probable that only 80% would be Director decided to allowance on remaining balance to create 10% provision

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