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Debtors value as at 1st January 2000 was N40 00... - WAEC Accounting 2003 Question

Debtors value as at 1st January 2000 was N40,000. Bad debts written off during the year was N5,000 provision for bad debt was 5%. The amount debited to profit and loss account as provision for the year was
A
N5,000
B
N2,250
C
N2,000
D
N1,750
correct option: d
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