ACCOUNT

JAMB 2020 - Question 12

Account 2020 JAMB Past Questions - Question 12: A provision for bad debt account had ₦3,800 at the begining of the year and ₦4,220 at the close of the year. if bad debts are calculated at the rate of 1/20% of annual credit sales, what was the credit sales for the period?

Choose the most appropriate option for the gap .
A provision for bad debt account had ₦3,800 at the begining of the year and ₦4,220 at the close of the year. if bad debts are calculated at the rate of 1/20% of annual credit sales, what was the credit sales for the period?
A:
B:
C:
D:
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Correct Answer

C

Explanation