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From the following trial balance & additional information prepare Provision for Doubtful Debts Accounts & Provision for Discount on Debtors Account. Make balance sheet extract. Bad Debts 14,000 Discount Allowed 11,000 Provision for Doubtful Debts 10,000 Provision for Discount on Debtors 5,700 Sundry Debtors 5,15,000 Additional Information: 1) Further Bad Debts ₹ 9,000 & Further Discount Allowed ₹ 6,000 2) Create Provision for Doubtful Debts @ 5% & Provision for Discount on Debtors @ 3%
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