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Can anybody help?

Forums › Ask CIMA Tutor Forums › Ask CIMA BA4 Tutor Forums › Can anybody help?

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Ken Garrett.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • January 19, 2022 at 1:29 am #646978
    Ivy928
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    You are an employee of Excellent Sdn. Bhd. and have been asked to figure out
    the sales figures as some of the accounting documents are missing.

    The following figures relating to the financial year ended 30 November 20×9
    have been obtained from the books of original entry.
    Purchases for the year 361,947
    Return inwards 41,226
    Return outwards 16,979
    Bad debts written off 1,914
    Cheques paid to suppliers 342,791
    Cheques received from customers 429,811
    Cash sales 38,600
    Trade receivables balance 47,429

    You discovered that at the close of business on 30 November 20×8, the total
    receivables balance amounted to RM50,241.

    Required:
    Calculate the total sales figure that should be included in Excellent Sdn. Bhd.
    financial statements?

    January 19, 2022 at 9:52 am #647012
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10587
    • ☆☆☆☆☆

    This query has nothing do to with paper BA4. You need to repost on an appropriate forum.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Can anybody help?’ is closed to new replies.

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