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The following balances appeared in the t...

The following balances appeared in the trial balance of M/s Kapil Traders as on March 31, 2017

The partners of the firm agreed to records the following adjustments in the books of the Firm: Further bad debts Rs.300. Maintain provision for bad debts 10%. Show the following adjustments in the bad debts account, provision account, debtors account, profit and loss account and balance sheet.

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The correct Answer is:
Dr. Profit and Loss account Rs. 1,820
N/a
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