A provision for bad debt account had N3,800 at the beginn...
A provision for bad debt account had N3,800 at the beginning of the year and N4,220 at the close of the year. If bad debts are calculated at the rate of 1/2% of annual sales, what was the credit sales for the period?
N2,100,000
N844,400
N840,000
N500,000
Correct answer is B
No explanation has been provided for this answer.
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