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
Explanation
Correct Option
dVideo Explanation
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Discussions (3)

olujosun segun emmanuel
9 years ago
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


