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Use the following information to answer the given questio...

Use the following information to answer the given question

1/1/06 DebtorsD2,6001/1/06 Provision for bad debtsD6031/12/06 New provision provision for bad debts5% on debtors

What is the amount of the new provision for bad debts?

 

A.

D130

B.

D127

C.

D124

D.

D120

Correct answer is A

5% x 2600

5100 x 2600 = 130