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Forums › Ask CIMA Tutor Forums › Ask CIMA BA4 Tutor Forums › Can anybody help?
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?
This query has nothing do to with paper BA4. You need to repost on an appropriate forum.