Debtors value as at 1st January 2000 was N40,000. Bad debts written off during the year was N5,000 provision for bad debt was 5%. The amount debited to profit and loss account as provision for the year was? by Sunday | Jun 5 | Accounting WAEC | 0 comments A. N5,000 B. N2,250 C. N2,000 D. N1,750 Correct Answer: Option D D. N1,750 Users Also Read These:Williams and Jacob are in partnership but there is…A fixed asset was bought for N60,000 on 1st January,…Rent owing as at 31st December 1998, N800. Rent paid…The provision for bad debt stands at 10% of debtors.…A trader paid insurance premium of N45,000 for 15…