Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800,000. A provision...
FINANCIAL
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Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800,000. 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) N744,800
- C) N744,000
- D) N784,000
Correct Answer: B) N744,800
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