ACCOUNTING

JAMB 2016 - Question 36

Account 2016 JAMB Past Questions - Question 36: Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800, 000. A provision of 2% was made for discount and 5% provision for bad and doubtful debts. Find the amount for sundry debtors after provision.

Choose the most appropriate option for the gap .
Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800, 000. A provision of 2% was made for discount and 5% provision for bad and doubtful debts. Find the amount for sundry debtors after provision.
A:
B:
C:
D:
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Correct Answer

A

Explanation

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