In the Balance Sheet Total Debtors appear at ₹50,000 and Provision for Doubtful Debts appear at ₹1,500. How much amount will be realised from Debtors, if bad debts amount to ₹10,000 and remaining debtors are realised at a discount of 5%

🎲 Try a Random Question  |  Total Questions in Quiz: 69  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
MCQs for Dissolution of a Partnership — practice the complete quiz, review flashcards, or try a random question.


In the Balance Sheet Total Debtors appear at ₹50,000 and Provision for Doubtful Debts appear at ₹1,500. How much amount will be realised from Debtors, if bad debts amount to ₹10,000 and remaining debtors are realised at a discount of 5%