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John Moffat 1 month, 1 week ago.
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- October 7, 2019 at 7:37 pm
B Co maintains a cash float of $50. In 20X7, all receipts from credit customers were banked, after the following payments from the till had been made:
$
General expenses 4,500Drawings 6,250
Total bankings in the year amounted to $28,454, and opening and closing trade receivables were $1,447 and $1,928 respectively.
Required Based on the information above what was the value of sales made during the year?
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