Mirza Ali Hassan CAF-1

A-2015
Ghazi Traders

Debtor Account
Rs.(000) Rs.(000)
B/F 5,630 Sales returns 700
Sales 9,600 Discount Allowed 500
Bad debts 199 Cash & Bank 8,540
Contra 250
Bad debts 150
C/F 5,289
15,429 15,429

Provision for doubtful debts

Rs.(000) Rs.(000)
B/F 690
Bad debts 164.30

AH
(N-1)

Less
Less

(N-2)
GP
SP
TP
C/F

Debtor C/F
Specific Provision

GP =

250.70
275
525.70
Rs(000)
525.70

690

5,289
(275)

5,014
250.700
690

(N-2.1)
Customer Name Total Debt(A) Provision Required (B)
Rahil 50 50
Adam 75 75
Shahid 25 25
M
Sabir 50 50
Babur 75 75
275 275

MAH 1 BAd & Doubtful Debts

 Mirza Ali Hassan CAF-1

A-2016
Ravi enterprises

Bad Debts
Date Particulars Rs.(In Million) Date ParticularsRs.(In Million)
Debtors 10.00 2016 Debtors 4.50
Debtors 1.50 P4DD 2.13

SOCI 4.87
11.50 11.50

Provision for doubtful debts

Date Particulars Rs.(In Million) Date ParticularsRs.(In Million)
2016 Bad Debts 2.13 2016 B/F 23.10
C/F 20.97
23.10 23.10

(N-1) Rs(000)

AH
Less

(N-2)
GP
SP
TP
(N-2.1)

(N-1.1)

Date
Debtor C/F
Specific Provision

GP =

Customer Name
Bee
Taj & Co
11.57
9.40
20.97

Particulars
242.20
(10.80)
231.40
11.570

Total Debt(A)
8.00
2.80
10.80

Rs.(In Million)
Debtor
Date
Provision Required (B)
8.00
1.40
9.40

ParticularsRs.(In Million)
B/F 200.00 Cash 850.00
Sales 900.00 Discount Allowed 0.80
Bad debts 4.50
Bad debts 10.00
Bad debts 1.50
C/F 242.20
M
1,104.50 1,104.50

MAH 2 BAd & Doubtful Debts

 Mirza Ali Hassan CAF-1

Global Network Suppliers

A-2017

Trade debtors(Rs. in '000')

01-Jul-16 B/F 55,975 Sales returns 6,300
Sales 450,000 Collections 438,000
(540,000/120*100) Discount allowed 900
(8,100/90*10)
Bad debts - Bolan 480
Bad debts - Khyber 90
Contra - Ravi 120
C/F 60,085
- 505,975 505,975
Provision for doubtful debts(Rs. in '000')
01-Jul-16 B/F 2,598
30-Jun-17 Bad debts expense (B 40
30-Jun-17 C/F 2,558
2,598 2,598

AH
Trade debtors-Bolan Dialing
Trade debtors-Khyber Cables

(W-1)
Debtors C/F
Less: Specific debtors (W-2.1A)
Remaining debtors
General prov

(W-2)
General Provision
Specific Provision
Total Provision
(W-2.1)
Bad debts expense (Rs. in '000')
480 Prov for doubtful debts
90 SOCI
570

60,085
(660)
59,425
4%
2,377

2,377
181
2,558
40
530
570

Customer Name Total Debt(A) Provision Required (B)

Mehran Link 320 96
Ravi Rays 340 85

660 181
M
(W-3) Opening P4DD
Debtors C/F 55,975
Less: Specific debtors (W-3.1A) (1,015)
Remaining debtors 54,960
General prov 4%
2,198

General Provision 2,198

Specific Provision 400
Total Provision 2,598
(W-3.1)
Customer Name Total Debt(A) Provision Required (B)
Mehran Link 400 65
Bolan dialing 480 240
Khyber cables 135 95
1,015 400

MAH 3 BAd & Doubtful Debts

 Mirza Ali Hassan CAF-1

Automan Enterprise
A-2018

Provision for doubtful debts(Rs. in '000')

01-Jan-17 B/F 52,880
31-Dec-17 Bad debts 12,230
31-Dec-17 C/F 40,650
52,880 52,880

Bad debts expense (Rs. in '000')

balance given 32,000 cash 17,850
Debtor 31,800 P4DD 12,230
SOCI(Bal.) 33,720
-
63,800 63,800

AH
Workings
W-1 trade receivables -2017

W-2
Balance given
write off

General Provision -2017

Debtor C/f
SP(3.1)

Remaining debtors

GP @ 4%
618,500
(31,800)
586,700

586,700
(24,200)

562,500

22,500.00

W-3 Customer N Total Debt(3.1) Provision Required (3.2)

QT Bakers 24,200 18,150

24,200 18,150
M
W-4 Total Provision
GP 22,500.00
SP 18,150
TP 40,650.00

W-5 Working for opening provision

Debtors 558,800
SP (31,800)
Remaining debtors 527,000

GP @ 4% 21,080.00

Total Provision
SP 31,800
GP 21,080.00
52,880

MAH 4 BAd & Doubtful Debts