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Which chapter is related to this question?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Which chapter is related to this question?

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • October 7, 2019 at 7:37 pm #548311
    farhaanm
    Participant
    • Topics: 165
    • Replies: 73
    • ☆☆☆

    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 4,500

    Drawings 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?

    October 8, 2019 at 7:15 am #548335
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    Control accounts

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Which chapter is related to this question?’ is closed to new replies.

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