Bad Debts and Provisions for Doubtful Debts · CSEC Principles of Accounts

8 past-paper questions on Bad Debts and Provisions for Doubtful Debts, part of Section 6: Accounting Adjustments, from every CSEC Principles of Accounts paper on Quelpr.

1. 4(a)8 marks· CSEC Principles of Accounts · January 2010 · Paper 2Prepare the Provision for Bad Debts Account for the three years.
2. 4(c)6 marks· CSEC Principles of Accounts · January 2014 · Paper 2Steve Treft owed Mary Jane 6 000 for services received and was declared bankrupt. On 31 December 2012, he paid a dividend of 0.25 on every dollar owed in full settlement. Draw up Steve Treft's account.
3. 4(a)(i)7 marks· CSEC Principles of Accounts · January 2016 · Paper 2Starting with the balance on 1 January 2013, prepare the Provision for Bad and Doubtful Debts Account for the two years ended 31 December 2014, showing dates and balancing the account at the end of each year.
4. 4(a)(ii)3 marks· CSEC Principles of Accounts · January 2016 · Paper 2Prepare a Balance Sheet extract for Gargar Mell Company for 2014 showing the effect of the provision on Accounts Receivable.
5. 3(c)6 marks· CSEC Principles of Accounts · January 2018 · Paper 2Prepare the company's Provision for Bad Debts Account for the three years, 2015–2017.
6. 2(a)(i)7 marks· CSEC Principles of Accounts · May/June 2012 · Paper 2Prepare the journal entry on page 5 of JJ's journal to write off the three receivables, including a narrative.
7. 2(a)(ii)4 marks· CSEC Principles of Accounts · May/June 2012 · Paper 2Prepare the journal entry, including a narrative, to create the Provision for Doubtful Debts Account.
8. 2(a)(iii)5 marks· CSEC Principles of Accounts · May/June 2012 · Paper 2Draw up the Provision for Doubtful Debts Account for the two years, 1 January 2010 to 31 December 2011, to show the change in provision, balancing the account at the end of each year.