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Use the information below to answer questions 16 and 17.Sundry debtor..............


Question

Use the information below to answer questions 16 and 17.Sundry debtor..................₦20,000

Provision for bad debts........₦500Provision for bad debt at 4% of sundry debtors.Determine the provision for bad debts to profit and loss account?

Options

A)
₦500
B)
₦820
C)
₦1300
D)
₦300

The correct answer is D.


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