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Is the solution given is wrong? Because of 5%of â?¹1400000 instead of 5%of â?¹1500000

Gopal Garg

CFA L1

★ 5K+

04-Jun-21 00:52

356

Answers (5)

It's right

Abhishek Purohit

CA Inter

★ 10K+

04-Jun-21 01:02

Trade receivable deducted the bad debts then we apply 5% of pbd

Dhavali Dhavali

CA Foundation

★ 4K+

04-Jun-21 09:36

Dhavali Dhavali

Trade receivable deducted the bad debts then we apply 5% of pbd

Provision of 5% is not maintained in your attachment

Abhishek Purohit

CA Inter

★ 10K+

04-Jun-21 11:24

Dhavali Dhavali

CA Foundation

★ 4K+

04-Jun-21 11:37

Provision = (Trade receivables - Bad debts) x Provision rate = (15,00,000 - 1,00,000) x 5% = 70,000

Madhuri Veluri

CA Inter

★ 2K+

05-Jun-21 10:06

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