A-LevelAccountingReconciliation and verification9706/12 · Oct/Nov 2011 · Q81 Mark
A business provides the following information. cash received from customers $ 200 000 opening trade receivables 40 000 closing trade receivables 30 000 discounts allowed 5 000 provision for doubtful debts 4 000 How much are the credit sales?
A$190 000
B$195 000
C$199 000
D$215 000
✓ Correct answer
B: $195 000
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