The Debtors Accounts exercises

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Exercise No. 1 the
following stocks appeared in the balance of the review of the 31/12/2015:

straddling the city credits account name
100000 debtors
5000 Doubtful loans
400 bad debts
total amount
requested: the
settlement restrictions and their impact on the list of the financial center, according to the following cases: the

first case: if the company decided to custom configure doubtful debt by 6% of the balance of the debtors.
The second case: if the company decided to execute a debt of $200, and dedicated to the doubtful debt by 3% of the balance of the debtors.
The solution: the
first case:

1 is the closing balance of the bad debt phenomenon in the audited balance in an account designated for doubtful debts as follows:

debtor and creditor statement
400 H/dedicated
to debt 400 H/bad debt
pocket money for rent paid by check drawn on the bank of
the origin of the locks of the bad debt in the profit and loss account (income), but the presence of the balance of 20,000,000 for it to be closed in the calculation of the Ad Hoc Group, after registration, this limitation becomes the old ad hoc balance equals(5000-400=4600$)

2 when the new custom configuration by 6% of the balance of debtors, the balance of the new Ad Hoc equals 100,000*6%=6000$, and then be compared to the balance of the old ad hoc (4600) with the balance of the new ad hoc (6000) and the registration of the difference which roughly equal enrolment 6000-4600=1400$ (increasing): the

debtor and the secured creditor Statement
1400 h/doubtful debts In the collected
1400 to h/dedicated and
pocket money debt for rent paid by check drawn on the bank
3 when preparing a list of the financial status of debtors will be shown the balance of net as follows:

List the financial center for the year 2015 the
amount of assets, property rights and obligations in the amount of
assets
100,000 debtors
(6000) debt of doubtful debts
at 94,000 debtors
Total Assets Net xxx xxx total obligations, property rights and the
second case:

1Express and prove religion lack as follows:

debtor and creditor statement
200 H/bad debt
to 200 h/debtors
prove bad debt
after registering and establishing the bad debt will become debtors balance equal (100000-200=99800$)

2 Locks the expense of bad debt in the calculation of the ad hoc group was doubtful as follows:

debtor and creditor statement
600 H/dedicated
to debt of 600 H/bad debt.200 400) the
closure of bad debt In the ad hoc account
after the close of the bad debt expense account in the ad hoc doubtful debts will become the old ad hoc balance equal (5000-600=4400$)

3 when the new custom configuration by 3% of the balance of debtors, becomes the new Ad Hoc balance equal to 99800*19=2994$, and then be compared to the balance of the old ad hoc (4400) with the balance of the new ad hoc (2994) and the registration of the difference which roughly equal enrolment 4400-2994=1406$ (lack of): the

debtor and the secured creditor statement
1406 of h/dedicated debt relief of
1406 to h/debts of doubtful debts
reduce ad hoc value difference
4 when preparing a list of the financial status of debtors will be shown the balance of net as follows:

List the financial center for the year 2015 the
amount of assets, property rights and obligations in the amount of
only


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