Credit sales is given at 160% of cash received.

What is the balance c/d?

debit 64300

 

a

N333 000

b

N234 000

c

N343 000

d

N243 000

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Explanation

Correct Option
d

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Discussions (3)

ProjectStar
2 months ago

how is it d the finial answer

ProjectStar
2 months ago

why is d the final anse

Here is an explanation:

The correct answer is d

solution

cash receivable is 280000, to get the credit sales! U multiply 280000 x 160% =448000

credit sales =448000

now you calculate the total sale ledger then subtract it from total control account i.e.

Tcs=643000 - Tca=400000

so balc/d=243000. Thanks

REF: Simplify account textbooks

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