by: Admin_LouisPosted on:

Which of the following represents the total balance of debtors before adjustment?

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?

A N6,120,000

B N6,120,300

C N8,280,000

D 8,820,000

Answer is A

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