On 31st March, 2019, total debtors are Rs. 25,000 and bad debts are Rs. 1,000 so if rate of discount on debtors is 2% and rate of provision for bad debts is 5% then the amount of discount on debtors will be
A. Rs. 456
B. Rs. 475
C. Rs. 480
D. Rs. 500
Answer: Option A
This Question Belongs to Commerce >> Accounting
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