Reporting and Analysis Jan21 Y1 S2 Time left Quester 2 Not yet anisme An insolvent debtor paid GH Traders R3 500 which represented 80% of the amount owed. The balance on her account must be written off. These transactions have not yet been recorded. Which of the following statements is correct in respect of the above transactions? Marked out of Flag questio A. The bad debt amounts to R700. OB. The debtor owed R4 375. C. The Debtors rol account will decrease by R3 500. D. The Bank account will be credited with R3 500. Next page Previous page