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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