The opening balance of debtors is N100,000 and that of provision for doubtful debts is N1,000. If provision is to at \(\frac{1}{2}\)% of debtors, how much would be charged in the profit and loss account?
a
₦3,500
b
₦2,500
c
₦1,500
d
₦1,000
Explanation
Correct Option
cNo explanation available
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