A provision for bad debt account had N33,800 at the beginning of the year and N4,220 at the close of the year. If bad debts are calculated at the rate of 1/20% of annual credit sales, what was the credit sales for the period?

  • A N210,000
  • B N844,400
  • C N840,000
  • D N500,000

The correct answer is B. N844,400

No explanation given
Previous question Next question