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The provision for bad debt is?

Use the information below to answer the question.
Debtors……………………………N20
Provision for bad debts………………10%
Provision for discount on debtors……..5%
The provision for bad debt is?
  • A.
    N2000
  • B.
    N800
  • C.
    N3000
  • D.
    N1900
Correct Answer: Option A
Explanation