Beginning and ending accounts receivable balances were N8,000 and N15,000 respectively. If collections from customers...

JAMB 1994

Beginning and ending accounts receivable balances were N8,000 and N15,000 respectively. If collections from customers during the period were N36,000, then total sales on account would be

A. N23,000
B. N29,000
C. N36,000
D. N43,000

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Correct Answer: Option D

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