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26. A) The following is the …

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26. A) The following is the extract from trial Balance Particulars Amount Dr Amount Cr Sundry Debtors Bad debts 1,01,000 2000 Additional information Write off further bad debt 1,000 and provision for bad debts 5% on Debtor . Show relevant extract from the Profit and Loss Account and the Balance Sheet. b) Difference between double entry system and single entry system .
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