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GH Traders wrote off R1 750 which represented 20% of the amount owed by a debtor. The debtor settled the balance on her account by

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GH Traders wrote off R1 750 which represented 20% of the amount owed by a debtor. The debtor settled the balance on her account by means of an electronic funds transfer. These transactions have not yet been recorded. Which of the following statements is correct in respect of the above transactions? A. The Debtors Control account will decrease by R7000. B. The debtor owed R8750. C. The Bank account will be credited with R7 000 . D. The amount received from the debtor was R1400

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