\(\begin{array}{c|c} & \text{1/6/2011} & \text{30...
Use the following information to answer the question given
1/6/201130/5/2012DDCreditor2,4952,285Debtors1,2152,145Cash paid to creditors−32,170Cash received from customers−40,650Goods returned to suppliers−500
Sales for the year is
D42,795
D41,865
D41,580
D39,720
Correct answer is C
Sales = Closing Debtors - opening debtors + cash from customers
= 2145 - 1215 + (40,650)
= 930 + 40,650 + 41,580
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