Provision for Doubtful Debts be maintained at existing rate ish ma 5% laga ga humasaha or agr ya lagta - Accountancy - Reconstitution- Retirement/Death of a Partner

Question

Provision for Doubtful Debts be maintained at existing rate ish
ma 5% laga ga humasaha or agr ya lagta ha tho hum ish nikala ga
kasha mera pls explain thi thing in t s grewal Page no 5 14
illustration 15 im new book 2 point sir pls explain as soom as

Manisha Arora · Accepted Answer

Dear Simple, in this question the existing rate
of Provision for Doubtful Debts on Debtors is 5% (i e
Rs 1,600 = Rs 32,000 × 5%) Therefore, the new rate should also be 5%
on 29,800 (Rs 32,000-1,600-600)

Note:
There is no such provision which states that the rate of Provision
for Doubtful Debts should always be 5%

Provision for Doubtful Debts be maintained at existing rate. ish ma 5% laga ga humasaha or agr ya lagta ha tho hum ish nikala ga kasha mera pls explain thi thing in t.s grewal Page no.5.14 illustration 15 im new book 2 point sir pls explain as soom as