Question:
Specific provision for doubtful debts $2000,
General provision for doubtful debts, as a % of remaining debtors 2%
Bad debts written off at year end $1850
if Debtors before writing off bad debts $40050
then the Provision for Doubtful Debts a/c at year end (Bal.):
($40050-1850) x 2% + $2000 = $2764
is my answer correct?
LCCI Book-keeping Level 1 問答案2
2008-07-21 11:04 pm
回答 (1)
2008-07-22 1:33 am
✔ 最佳答案
It's my answer .( $40050-1850-2000 ) x 2% + $2000 = $2724
You should deduct $2000 Specific provision for doubtful debts
before calculating General provision for doubtful debts .
收錄日期: 2021-04-29 21:53:38
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