Accounts > 2010 > 15
WASSCE
Use the following information to answer this question.
1/1/06 ----- Debtor -------- D2,600
1/1/06 ----- Provision for bad debts --------- D60
31/12/06 ---- Bad debts --------- D60
31/12/06 New provision for bad debts 5% on debtors
What is the amount for the new provision and for bad debts?
A.
D130
B.
D127
C.
D124
D.
D120
Answer: B
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