Haial Limited with three departments has a total of ₦7,200,000 as the 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 adjustments?
A.
₦6,120,000
B.
₦6,120,300
C.
₦8,280,000
D.
₦8,820,000
Answer: A
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