Use the following information to answer the question below
Provision for doubtful debts------1,000Cr
Bad debts--------500Dr
Debtors-------50,000Dr
Additional bad debts to be written off-----500

New provision for doubtful debts to stand at 5% of debtors
The net figure for debtors in the balance sheet is

A. Le 47,025
B. Le 46,550
C. Le 45,600
D. Le 45,500  

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Correct Answer: D