A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2009 · Q51 Mark
At 31 March the balance sheet of a company included the following. $ trade debtors 23 000 provision for doubtful debts 1 200 During April credit sales were $64 000 and cash sales were $256 000. Credit customers paid $56 840 net of a 2% cash discount. What will be the trade debtors at 30 April?
A$27 800
B$28 960
C$29 000
D$30 160
✓ Correct answer
C: $29 000
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