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Kakaku limited with three departments has a total of N7,200,000 as net debtors f...


Question

Kakaku limited with three departments has a total of N7,200,000 as net debtors for the year ended 31/12/2106. The company's policy, provides for 15%bad debt annually. Which of the following represents the total balance of debtors before adjustment?

Options

A) N6,120,000

B) N6,120,300

D) N8,820,000

The correct answer is A.


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