FACash sales

In future you must ask in the Ask the Tutor Forum if you want me to answer. This forum is for students to help each other :-) Why are you attempting questions for which you do not have an answer? You should be using a Revision Kit from one of the ACCA approved publishers. If you write up a receivables t-account then you will find that the cash received from credit sales must be 554,367 + 102,189 - 212,417 = $444,139. You know how much the total cash received was, and so the cash sales must be the difference.

Sorry, for my mistakes, I just open for myself this forum I have answer options : ?)88294 b)763387 c)110228 d)308750 But they dont match with your answer

Either you have mistyped one of the figures in the question or there is a mistake in your book. The correct answer on what you typed is 653,159 - 444,139 = 209,020. If it is a question from the BPP Revision Kit then tell me the number of the question so I can check it for myself.

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