The total debtors account of a trading concern is N13,000. Out of this 2 percent…

Accounts - Principles of Accounts WAEC 1996

The total debtors account of a trading concern is N13,000. Out of this 2 percent is irrecoverable; 5 percent of the balance is unlikely to be collected. What is the provision for doubtful debts?

  • N910
  • N650 checkmark
  • N637
  • N377
  • N260

The correct answer is: B

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