sir i need with this question, it is very confusing the answer is (d) but I have no idea why that is
£235,000 of the amount received from trade receivables were net of 6% cash discount, and £14,800 of the amount received from customers was in respect of a debt written off as bad in the previous month. Credit balances in the Trade Receivables Ledger by the month end was
(a)£9,240. (b)£281,540 (c) £267,640 (d) £266,740
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6y ago#1You cannot have typed out the entire question because as it stands there is not enough information. If it is a question from the BPP Revision Kit, then tell me which question.
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