The opening balance of debtors is N100,000 and that of provision for doubtful debts is N1,000. If provision is to at (frac{1}{2})% of debtors, how much would be charged in the profit and loss account?
-
A.
₦3,500 -
B.
₦2,500 -
C.
₦1,500 -
D.
₦1,000
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