FINANCIAL ACCOUNTING 1 QUESTION 4 A certain trader has not kept a sales journal, but he has maintained individual debtors accounts and the following information is available: Sundry debtors balance at beginning of period R5000. Sundry debtors balance at end of period R3000. Cash received from debtors during the period R10000. Goods returned by debtor for credit R50. From the above information you are required to calculate the sales figure for the period under review.
FINANCIAL ACCOUNTING 1 QUESTION 4 A certain trader has not kept a sales journal, but he has maintained individual debtors accounts and the following information is available: Sundry debtors balance at beginning of period R5000. Sundry debtors balance at end of period R3000. Cash received from debtors during the period R10000. Goods returned by debtor for credit R50. From the above information you are required to calculate the sales figure for the period under review.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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FINANCIAL ACCOUNTING 1 QUESTION 4 A certain trader has not kept a sales journal, but he has maintained individual debtors accounts and the following information is available: Sundry debtors balance at beginning of period R5000. Sundry debtors balance at end of period R3000. Cash received from debtors during the period R10000. Goods returned by debtor for credit R50. From the above information you are required to calculate the sales figure for the period under review.
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