Use the following information to answer the question below
01/01/2016 31/12/2016
Trade debtors-------80,000 100,000
Trade creditors-----30,000 40,000
Stock-----------------70,000 90,000
Cheques received from trade debtors in 2016: 350,000
Payment made to trade creditors in 2016: 220,000
Credit sales for 2016 is?
a
530,000
b
370,000
c
350,000
d
330,000
Explanation
Correct Option
bNo explanation available
Video Explanation
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