Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800. A provision...
FINANCIAL
JAMB 2010
Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800. A provision of 2% was made for discount and 5% provision for bad and doubtful debts. Find the amount for sundry debtors after provision?
- A. N760 000
- B. N744800
- C. N744 000
- D. N784 000
Correct Answer: A. N760 000
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