Consider the following data pertaining to a company for the year 2011-2012 : Opening balance of sundry debtors ` 40,000. Credit sales `4,30,000. Cash sales ` 20,000. Cash collected from debtors `4,00,000. Closing balance of sundry debtors ` 50,000 The bad debts of the company during the year are
A) 40,000 .
B) 35,000 .
C) 30,000 .
D) 20,000
Correct Answer:
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