A-LevelAccountingReconciliation and verification9706/12 · Oct/Nov 2012 · Q91 Mark
A company has obtained the following information for the year ended 31 December. $ opening balance on sales ledger control account 31 000 closing balance on sales ledger control account 35 000 discount allowed 2 300 credit sales 125 400 What was the amount of cash received from the customers?
A$119 100
B$123 700
C$127 100
D$131 700
✓ Correct answer
A: $119 100
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