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On 31 December 2022, the Debtors control account in the general ledger has a balance of R48000. It was decided to create a provision for
On 31 December 2022, the Debtors control account in the general ledger has a balance of R48000. It was decided to create a provision for bad
debts equal to 5% of the total debtors. What is the Provision for bad debts amount?
a. R 2 600
b. R 2 400
c. R 4800
d. R 3 000
debts equal to 5% of the total debtors. What is the Provision for bad debts amount?
a. R 2 600
b. R 2 400
c. R 4800
d. R 3 000
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Frank Woods Business Accounting Volume 1
Authors: Frank Wood, Alan Sangster
10th Edition
9780273681496
