Question on: WAEC Accounting - 2010
Use the following information to answer the given question
\(\begin{array}{c|c} \text{1/1/06 Debtors} & D2,600\ \text{1/1/06 Provision for bad debts} & D60\ \text{31/12/06 New provision provision for bad debts} & \text{5% on debtors}\end{array}\)
The provision for bad debts in the profit and loss account is
\(\begin{array}{c|c} \text{1/1/06 Debtors} & D2,600\ \text{1/1/06 Provision for bad debts} & D60\ \text{31/12/06 New provision provision for bad debts} & \text{5% on debtors}\end{array}\)
The provision for bad debts in the profit and loss account is
A
D187
B
D127
C
D67
D
D60
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Correct Option: D
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