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:
Examkits App

Examkit's JAMB CBT App

Practice JAMB offline with our Online, PC and Mobile App

  • ✅ 25+ years of past questions (2000 to 2025)
  • ✅ Video solutions and explanation to questions
  • ✅ E-library
  • ✅ Study by topic
  • ✅ And more.

Correct Answer

A

Explanation