Mathematics, 13.04.2021 20:10 kakesheco4210
At the beginning of the year 1 January, 2020, the balance brought forward from the previous year for the provision for doubtful debts in the books of A. Sonia was Sh.14,000. Following information was provided in regard to the year ended 31 December 2020;
Bad debts written off Sh.5,600
Debtors after bad debts written off Sh.360,000
Provision on debtors for doubtful debts 5%
Required:
a)The bad debts account for the year ended 31 December 2020 (2.5 marks)
b)The provision for doubtful debts account for the year (2.5 marks)
c)Extract from the income statement for the year (2.5 marks)
d)The extract from the balance sheet at the end of the year (2.5 marks)
Answers: 3
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At the beginning of the year 1 January, 2020, the balance brought forward from the previous year for...
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