Q.

As on 31st March, 2017 debtors and additional bad debts are ` 8,00,000 and ` 10,000 respectively. If the provision for bad debts is made at 5% on debtors then amount of such provision will be

A. 40,000
B. 50,000
C. 39,500
D. 40,500
Answer» C. 39,500
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