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

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%

The provision for bad debt is?

  • N2000 checkmark
  • N800
  • N3000
  • N1900

The correct answer is: A

Explanation

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