Use the following information to answer the question below

Provision for doubtful debts------1,000Cr
Bad debts--------500Dr
Debtors-------50,000Dr
Additional bad debts to be written off-----500
New provision for doubtful debts to stand at 5% of debtors

The net figure for debtors in the balance sheet is 

a

Le 47,025

b

Le 46,550

c

Le 45,600

d

Le 45,500

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Correct Option
d

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Ddolarz
1 year ago

i need explanation on how that figure was derived

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