Use the information below to answer the question:Debtors...........................
Question
Use the information below to answer the question:
Debtors.................................₦20
Provision for bad debts..................10%
Provision for discount on debtors........5%
Determine the amount provided for discount allowed on debtors
Options
A)
₦1000
B)
₦3000
C)
₦900
D)
₦1500
The correct answer is A.
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