The opening balance of debtors is N100 000 and ... - WAEC Accounting 2003 Question
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
correct option: c
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