The opening balance of debtors is N100,000 and that of provision for doubtful debts is N1,000. If the provision is to at ½% of debtors, how much would be charged in the profit and loss account? by Sunday | Jun 5 | Accounting WAEC | 0 comments A. ₦3,500 B. ₦2,500 C. ₦1,500 D. ₦1,000 Correct Answer: Option C C. ₦1,500 Users Also Read These:XYZ Ltd's total sales was #100,000. It had opening…A reinsurance cover of N100,000 in excess of N20,000…Which of the following would result from an increase…The provision for doubtful debts to be charged to…New provision for bad debts to stand at 5% of…