Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800.
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 provision of 2% was made for discount and 5% provision for bad and doubtful debts.
Find the amount for sundry debtors after provision?
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Correct Answer: Option A
Explanation:
5% x 800Â
5/100 x 800 = 40
800 - 40 = 760
5% x 800Â
5/100 x 800 = 40
800 - 40 = 760