Hi can any one please tell me few things:
1: if in trial balance sundry debtors are not given and only bad debts is given and in adjustment provision for bad debt is to be created at 5% and while solving if I take 55 of bad debts than d difference comes and if I do not consider the entry dan the balance sheet matches.
2: Sales include goods worth Rs.75000 sent out to Shanti& co. on approval and remaining unsold. The cost of the goods was Rs.50000
What I have done is: less sales by 75000
Less debtors by 75000
Add closing stock 50000 in trading a/c and balance sheet.

hi can any one please tell me few things:
1: if in trial balance sundry debtors are not given and only bad debts is given and in adjustment provision for bad debt is to be created at 5% and while solving if i take 55 of bad debts than d difference comes and if i do not consider the entry dan the balance sheet matches.
2: Sales include goods worth Rs.75000 sent out to Shanti& co. on approval and remaining unsold. The cost of the goods was Rs.50000
what i have done is: less sales by 75000
less debtors by 75000
add closing stock 50000 in trading a/c and balance sheet.

1. Match the debits and credits of the trial balance. The difference must be on the debit side representing sundry debtors if there are no other differences in the trial balance. Now calculate the required provision for doubtful debts after adjusting the opening balance of the provision. This will be your adjustment for bad debts expense which should be added to or reduced from bad debts expense in the trial balance.

2. It is correct