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|Published on: Jun 5|Categories: 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:The total debtors account of trading concern is…If premises is to be depreciated at 10% on cost and…In preparing a profit and loss account, a decrease…Debtors value as at 1st January 2000 was N40,000.…The total debtors account of a trading concern is…SEE ALSO Discount allowed amounted to N320. What was the debtors' balance at the end of the year?