Question
The following are the closing balances on 31st December . Item year 2020 year 2021 AR 10000 20000 The business has a policy of providing
The following are the closing balances on 31st December . Item year 2020 year 2021 AR 10000 20000 The business has a policy of providing allowance for doubtful debts @ 5 % on closing debtors. Pass journal entries and prepare ledger acoounts of 1.AR and 2.Allowance for doubtful debts and 3. bad debts for these years.
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Capital Market Instruments Analysis And Valuation
Authors: M. Choudhry, D. Joannas, G. Landuyt, R. Pereira, R. Pienaar
3rd Edition
0230576036, 9780230576032
