Question

Machinery was 5,000, which is included in freight on purchases.
i Commission is payable at 2% on Sales
iv) Investments were sold at 10% profit, but the entire sales proceeds have been taken as Sales.
v) Write off Bad Debts * 10.000 and create a provision for Doubtful Debts at 5% of Debtors​

Answer 1

Answer:

answer is 5% because the profit is 5% and the 2% 10% and then 10.00 is created the 5% so the answer is 5% I think my answer is wrong but you can also search and ask anyone