Sundry debtors in the balance sheet of Onoja Bakery and S...
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?
N760,000
N744,800
N744,000
N784,000
Correct answer is A
5% x 800
5/100 x 800 = 40
800 - 40 = 760
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