The total debtors account of a trading concern is N13,000. Out of this 2 percent is irrecoverable; 5 percent of the balance is unlikely to be collected. What is the provision for doubtful debts?
-
A.
N910 -
B.
N650 -
C.
N637 -
D.
N377 -
E.
N260
You May Also Like
The tropical rainforest region is characterized by the following EXCEPT
The tropical rainforest region is characterized by the following EXCEPT A. abundant grasses B. abundant rainfall C. abundant…
The chairman of the Unity Party of Nigeria (UPN) during the Second republic in Nigeria…
The chairman of the Unity Party of Nigeria (UPN) during the Second republic in Nigeria was A. Aminu…
If chlorine is bubbled into water and the resulting yellowish-green solution is exposed to bright…
If chlorine is bubbled into water and the resulting yellowish-green solution is exposed to bright sunlight for a…
Called-up capital is the amount?
Called-up capital is the amount? A. paid on allotment B. paid ontirstcall C. paid on appilication D. demanded…
An association of employees in an organization is called a
An association of employees in an organization is called a A. trade union B. trade association C. consumer…