Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Accounts - principles of accounts
  6. /
  7. 2003
  8. /
  9. Q36
Question 36

The opening balance of debtors is N100,000 and that of provision for doubtful debts is N1,000. If provision is to at \(\frac{1}{2}\)% of debtors, how much would be charged in the profit and loss account?

  • A.₦3,500
  • B.₦2,500
  • C.₦1,500
  • D.₦1,000
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2003
Question no.
#36
Type
Objective
Previous · Q35Use the following information to answer question, \(\begin{array}{c|c} & ₦\\… Next · Q37 Which of the following source documents is used for recording goods and returned…

More from this paper

  • Q32Opening creditors was N65,000, closing creditors was N41,000. Credit purchases…
  • Q33Which of the following is an item of prime cost?
  • Q34Use the following information to answer question, \(\begin{array}{c|c} & ₦\\…
  • Q38In which of the following is purchase of fixed assets on credit first recorders?
  • Q39In which ledger is the account of yao, a debtor found?
  • Q40A fixed asset was bought for N60,000 on 1st January, 1997. Depreciation was…
See all Accounts - principles of accounts 2003 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy