Accounts receivable at the end of the month is Tk 80,000. Bad debts are expected to be 5% of accounts receivable. If Allowance for Doubtful Accounts has a credit balance of Tk 1,000 before adjustment, what is the balance after adjustment?

ক Tk 2,000
খ Tk 3,000
গ Tk 4,000
ঘ Tk 5,000
ঙ None of these

সঠিক উত্তর: Tk 4,000

Please compute the ledger of allowance for bad debt.Existing balance                       1000 crAdd: new  (4000-1000)            3000  crTotal                                            4000
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রেওয়ামিলে দেনাদার ৫২,০০০ টাকা, লিখিত অনাদারি পাওনা ২,০০০ টাকা এবং অলিখিত অন্যদায়ি পাওনা ২,০০০ টাকা। যদি দেনাদারের ওপর ৫% সঞ্চিতি রাখা হয় এবং অনাদায়ি পাওনা সঞ্চিতির ক্রেডিট ব্যালেন্স ১,০০০ টাকা হয়, তাহলে চলতি বছরে অন্যনায়ি পাওনা সঞ্চিতি কত রাখতে হবে? (In trial balance, account receivable is of Tk. 52,000 recorded bad debt of Tk.2,000 and unrecorded bad debt of Tk. 2,000. What is the amount of allowance for doubtful accounts kept in current year if the allowance is 5% on accounts receivable and credit balance in allowance for doubtful accounts currently is of Tk. 1,000 )
ক ২,৫০০ টাকা (Tk. 2,500)
খ ১,০০০ টাকা (Tk. 1,000)
গ ২,৪০০ টাকা (Tk. 2,400)
ঘ 1,500 টাকা (Tk. 1,500)
At the beginning of the month, the accounts receivable subsidiary ledger showed balances for Anchor Company Tk 5,000 and Best Company Tk 7,000. During the month, credit sales were made to Anchor Tk 6,000, Best Tk 4,500, and Zen Tk 8,500. Cash was collected on account from Best Tk 11,500 and Zen Tk 3,000. At the end of the month, the Accounts Receivable account of Best Company in the general ledger should have a balance of -
ক Tk 0
খ Tk 4,500
গ Tk 11,500
ঘ Tk 23,000
ঙ None of these
কোনো প্রকার কুঋণ সমন্বয় করার পূর্বে দেনাদারের পরিমাণ হচ্ছে ২০,৫০০ টাকা। কুঋণ ৫০০ টাকা, কুঋণ সঞ্চিতি ৫৫০ টাকা। দেনাদারের উপর ১০% কুঋণ সঞ্চিতি এবং ৫% বাট্টা সঞ্চিতি ধার্য করা হয়। বাট্টা সঞ্চিতির পরিমাণ কত? (The debtors balance appears at Tk. 20,500 prior to bad debt adjustment. Bad debt expense in Tk.500 and bad debt reserve is Tk. 550. A provision is created for bad debt is 10% and is made for a discount of 5%. What will be reserve for discount in taka?)
ক Tk. 2000
খ Tk. 2100
গ Tk. 950
ঘ Tk. 900
The Balance sheet reported a beginning balance TK. 20,000 in Accounts Receivable and an ending balance of TK. 15,000 . Credit sale of TK. 2,00,000 were made during the year. Using the information compute cash collection from customers.
ক TK. 2,05,000
খ TK. 1,95,000
গ TK. 2,00,000
ঘ TK. 2,15,000
The Balance sheet reported a beginning balance TK. 20,000 in Account Receivable and an ending balance of TK. 15,000. Credit sale of TK. 2,00,000 were made during the year. Using the information computer cash collection from customers .
ক TK. 2,05,000
খ TK. 1,95,000
গ TK. 2,00,000
ঘ TK. 2,15,000
Zenith Company had net credit sales of Tk 7,20,000 and cost of goods sold of Tk 5,00,000 during the year 2023. The balance in accounts receivable at the beginning of the year was Tk 80,000, and at the end of the year it was Tk 1,20,000. What was the average collection period in days considering 360 days in a year?
ক 50 days
খ 60 days
গ 72 days
ঘ 75 days
ঙ None of these
What is the meaning of doubtful in the following sentence? Because of along drought, farmers are doubtful about the prospect of a good yield
ক fearful
খ pessimistic
গ debating
ঘ uncertain
A company has trade debtors at the year-end amounting to Ta. 2,18,000. One of the debtors, value TA. 8,000 is known to be uncontrollable. The company takes a 5% provision for bad debts each year and last year's provision amounted to TA. 2,000 which of the following figures will appear in the profit and loss account as the total bad debt charge for the year?
ক TA. 18,900
খ TA. 18,500
গ TA.16,300
ঘ TA. 10,500
A company has trade debtors at the year-end amounting to TA. 2,18,000. One of the debtors, value TA. 8,000 is known to be noncollectable, The company takes a 5% provision for bad debts each year and last year's provision amounted to TA. 2,000. Which of the following figures will appear in the profit and loss account as the total bad debt charge for the years?
ক TA. 18,900
খ TA. 18,500
গ TA. 16,300
ঘ TA, 10,500
Which accounting concept dictates the inclusion of 'provision for doubtful debts' in the financial statements?
ক Accrual concept
খ Matching concept
গ Going concern concept
ঘ Prudence concept

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