\(\begin{array}{c|c} & \text{N} \\ \hline \text{Debto...
NDebtors opening4000Debtors clsoing1500Cash received from debtors8500Bad debts written off350Discount allowed500Discount Received1000
What is the amount of sales of sales for the year?
₦3850
₦6650
₦1550
₦6850
Correct answer is D
Dr Total Debtors Control A/c Cr
bal b/f.....4,000Cash received..... 8,500Credit sales.....6,850Bad debt written off.....50Dr. Allowed.....500bal c/d.....1,50010,85010,850bal b/d.....1,500
D is correct ₦6850 as the sales for the year accordingly to the above calculations
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