(When Provision for Doubtful Debts is not given in the Trial Balance). Following is the extract form the Trial Balance of Dass as at 31st March, 2019:

Additional Information : Create a Provision for Doutful Debts @5% on Sundry Debtors. Pass neccessary entry and show these items in the Profit and Loss Account and Balance sheet.

Explanation

It should be noted that the Sundry Debtors Account will not be affected by creating Provision for Doubtful Debts. It means provision does not amount receivable form debtors .