Use the information below to answer question Debtors……………………………N20 Provision for bad debts………………10% Provision for discount…

Accounts - Principles of Accounts JAMB 2007

Use the information below to answer question

Debtors……………………………N20
Provision for bad debts………………10%
Provision for discount on debtors……..5%

Determine the amount provided for discount allowed on debtors?

  • N1000 checkmark
  • N3000
  • N900
  • N1500

The correct answer is: A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment