Question on: JAMB Accounting - 2010
Use the information below to answer questions 16 and 17.
Sundry debtor..................N20,000
Provision for bad debts........N500
Provision for bad debt at 4% of sundry debtors.
Determine the provision for bad debts to profit and loss account?
A
N500
B
N820
C
N1300
D
N300
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Correct Option: D
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