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:New provision for bad debts to stand at 5% of…In preparing a profit and loss account, a decrease…A reinsurance cover of N100,000 in excess of N20,000…The provision for bad debt stands at 10% of debtors.…New provision for bad debts to stand at 5% of…