Halal Limited with three departments has a total of N7,200,000 as net debtors for the year ended 31/12/97.
The company’s policy provides for 15% bad debt annually. Which of the following represents the total balance of debtors before adjustment?
The company’s policy provides for 15% bad debt annually. Which of the following represents the total balance of debtors before adjustment?
-
A.
N6,120,000 -
B.
N6,120,300 -
C.
N8,280,000 -
D.
8,820,000