• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

tkhue3296

Profile picture of tkhue3296
Active 4 years ago
  • Topics: 1
  • Replies: 3
  • ☆
  • Profile
  • Forums
  • Topics Started
  • Replies Created
  • Engagements

Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • August 24, 2020 at 10:28 am #581738
    mysterytkhue3296
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    I give it a try but failed,
    my lv don’t even let me understand the question and what is going on.

    sometime I feel accounting exam really just testing our English lv istead of the accounting logic .
    espeacially for student who English as a second language ,
    it is hard to grap .

    sorry i couldn’t help,
    hope you have already figured it out .

    Good Day .

    August 24, 2020 at 10:14 am #581736
    mysterytkhue3296
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    You might need to post your questin to Ask the tutor forum,
    the opentuition team might notice your post more quickly .

    August 24, 2020 at 9:42 am #581733
    mysterytkhue3296
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    I tried to understand and solved it by myself,
    i got the same answer with John second post which is
    Cash Sales = $209020

    Ben Co has opening trade receivables of $102,189 and closing trade receivables of $212,417. Sales made on credit totalled $554,367. Total cash received from customers during the period was $653,159.
    How much were cash sales for the period?

    Total credit sales of the month is $554,367
    but the receivable balance increased only $212,417 – $102,189 = $110,288 ,
    that’s means some customer must be bought and paid in the smae month.
    $554,367 – $110,228 = $444,139 ( Credit sales of the month paid before account closing )

    The total cash received ( Cash related only to Sales )
    from customer of the month is $653,159,
    from the last calculatiion we known that,
    part of the $653,159 must be the payment for receivable which is $444,139.

    Therefore ,
    $653,159 – $444,139 = $209,020

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • hhys on PM Chapter 4 Questions Environmental Management Accounting
  • singhjyoti on Conceptual Framework – ACCA SBR lecture
  • John Moffat on Time Series Analysis – ACCA Management Accounting (MA)
  • azubair on Time Series Analysis – ACCA Management Accounting (MA)
  • Gowri7 on Relevant cash flows for DCF Working capital (examples 2 and 3) – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in