Remaining debtors after bad debts = 1,50,000 - 20,000 = 1,30,000. Amount realised at 15% discount = 1,30,000 * (1 - 0.15) = 1,30,000 * 0.85 = 1,10,500.
CUET UG 2022 — Accountancy Partnership
In the balance sheet Total Debtors appear at Rs. 1,50,000 and provision for doubtful debts appear at Rs. 1,500. How much amount will be realised from debtors, if bad debts amounted to Rs. 20,000 and remaining debtors realised at a discount of 15% ?
Held on 20 Jul 2022 · Verified 13 Jul 2026.
Rs. 1,27,500
Rs. 1,10,500
Rs. 1,20,075
Rs. 19,500
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