A provision for bad debt account had N3,800 at the beginning of the year and N4,220 at the close of the year. If bad debts are calculated at the rate of 1/2% of annual sales, what was the credit sales for the period?

Similar Questions

The total of the discounts received column in the three column cash book is? ...

Youngsters Club has a membership of 115 persons. Each member pays an annual subscription of ₦50. D...

If a petty cashier has a cash float of Le 39,000 and Le 37,500 is spent, he will be reimbursed with&...

Which of the following is both a subsidiary book and a ledger? ...

Which of the following is mostly used in treating partner's current earnings? ...

An asset was purchase for N343m in 2003.  The estimated life of the asset was 3 years with a r...

A cash book had opening balance of N15,200 closing balance N18,400 and total cash received during th...

The manufacturing account is prepared to determine the cost of ...

Taurus Ltd was incorporated with the legal right to issue five million ordinary shares. The company ...

Purchase account is overcast by ₦200, while wages account is undercast by ₦200. This is ...