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:An asset was bought on 1st January, 1995 for…A fixed asset was bought for N60,000 on 1st January,…How much is to be charged to profit and loss account…An asset was bought on 1st January, 1995 for…Interest on capital is 10%, the net profit for the…