Use the following information to answer this question. Provision for bad debt 1500 Additional information 1. Bad debt written off amount to 3000 2. Debtors ...

Question 1 Report

Use the following information to answer this question.

Provision for bad debt 1500

Additional information

1. Bad debt written off amount to 3000

2. Debtors balance as at the end of the year is 28,000

3. Provision for bad debts stand at 10%

How much is to be charged to profit and loss account as provision for bad debt?

Download The App On Google Playstore

Everything you need to excel in JAMB, WAEC & NECO

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
Thousands of JAMB, WAEC & NECO Past Questions
Over 1200 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning