$\begin{array}{c|c} & N \\ \text{Debtors (1/1/98)} & 2,000 \\ \text{Debtors (31/12/98)} & 1,250 \\ \text{Cash received from debtors} & 6,000 \\ \text{Bad debt written off} & 750 \\\ \text{Discount allowed} & 500 \\ \text{Discount received} & 125\end{array}$

What was the amount of sales for the year?

Similar Questions

Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...

  D Motor vehicle 500000 Stock 35000 ...

Which of the following statements is not true of a non-profit making organization? ...

The course of discrepancies between the bank statement and the cash book that overstates the cash bo...

Badge Plc issued 450,000 ordeinary shares of 50k each at N1.50 per share  Application and allo...

The term bad debts means debts ...

The advantage of double entry is that ...

Capital reserves includes the following except ...

Given:                           &...

Which of the following is a trading account item? ...