Given:

...............................Jan.2003.........Dec. 2003

Provision for bad debt........N1000

Debtors..........................................N20000

Bad debt to be written off.......................N2000

The provision for bad debt stands at 10% of debtors. How much is to be charged to profit and loss account as provision for bad debt?

• A N800
• B N1000
• C N1800
• D N2000