incomplete records unit 5
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hi there. iam working on control account in unit 5. there is a question iam stuck on.
during the year bad debts of 600 pounds where written off. opening debtors where 750 pounds and closing debtors where 950 pounds. cash recevied from debtors was 8,640 pounds.
what where the credit sales during the year?
during the year bad debts of 600 pounds where written off. opening debtors where 750 pounds and closing debtors where 950 pounds. cash recevied from debtors was 8,640 pounds.
what where the credit sales during the year?
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Comments
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Re:incomplete records unit 5
I think this may be an Intermediate level question.
Debits
Opening Balance £750
Sales £9,440
Total £10,190
Credits
Cash received £8,640
Bad Debts £600
Bal C/D £950
Total £10,190
It has been a long time since I did this, I hope this helps.0 -
Re:incomplete records unit 5
Hi butterflyli0 -
Re:incomplete records unit 5
Hi butterflyliu
Which work book are you using? i have just finished unit 5 and need lots of pratice!!
Thanks0