WAEC Accounting 2020 Objective — Question 6
Question 6 of 50 from the West African Examinations Council (WAEC) Accounting 2020 Objective paper, with the correct answer and a full explanation.
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The provision for doubtful debts to be charged to Profit and Loss Account is
- A. Le 2,500
- B. Le 2,475Correct
- C. Le 2,450
- D. Le 1,000
Explanation
The new provision for doubtful debt of Le 2,475 (calculated in Q5) will be the amount charged to the Profit and Loss account.
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