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:Rent owing as at 31st December 1998, N800. Rent paid…Interest on drawings is 5%, interest on capital is…A fixed asset was bought for N60,000 on 1st January,…An asset was bought on 1st January, 1995 for…The provision for bad debt stands at 10% of debtors.…