Use the information below to answer questions Sundry debtor..................N20,000 Provision for bad debts........N500 Provision for...
FINANCIAL
JAMB 2010
Use the information below to answer questions Sundry debtor..................N20,000 Provision for bad debts........N500 Provision for bad debt at 4% of sundry debtors. Determine the provision for bad debts to profit and loss account?
- A. N500
- B. N820
- C. N1300
- D. N300
Correct Answer: D. N300
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