1.

Hari maintains her books of account on Single Entry System. His books provide the following information: His drawings during the year were ₹ 5,000 Depreciate furniture by 10% and provide a reserve for Bad and Doubtful Debts at 10% on Sundry Debtors. Prepare the statement showing the profits for the year.

Answer»

tello your answer..............Explanation:Hari maintains her books of account on SINGLE Entry System. His books provide the following information:His drawings during the year were ₹ 5,000 DEPRECIATE furniture by 10% and provide a RESERVE for Bad and Doubtful Debts at 10% on Sundry Debtors.Prepare the STATEMENT showing the profits for the year



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