Total sales during the year amount to Rs.70,000; cash sales Rs.10,000; Balance of trade receivables at the end of the year Rs.25,000. Cash received from customers during the year will be ……
A. Rs. 35,000
B. Rs. 30,000
C. Rs. 37,000
D. None of the above
Answer:A
Total sales during the year amount to Rs.70,000; cash sales Rs.10,000; Balance of trade receivables at the end of the year Rs.25,000. Cash received from customers during the year will be ……
A. Rs. 35,000 B. Rs. 30,000 C. Rs. 37,000 D. None of the above