Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test Accountancy Trading and Profit & Loss Account
Which of the following formula is correct to calculate provision on debtors to be transferred to Profit and Loss Account?
1
Bad Debts + New Provision - Old Provision
2
Provision on Debtors + New Provision + Bad Debts - Further Bad Debts
3
Bad Debts + New Bad Debts + New Provision - Old Provision
4
New Provision on Debtors + Old Provision made for Bad Debts
5
None of the above/More than one of the above.