Question on: WAEC Accounting - 2003
The opening balance of debtors is N100,000 and that of provision for doubtful debts is N1,000. If provision is to at \(\frac{1}{2}\)% of debtors, how much would be charged in the profit and loss account?
A
₦3,500
B
₦2,500
C
₦1,500
D
₦1,000
Ask EduPadi AI for a detailed answer
Correct Option: C
Add your answer
Please share this, thanks!
No responses