| # | |
| Sales | 50,000.00 |
| Debtors | 10,000.00 |
| Cash-in-hand | 5,000.00 |
| Opening stock | 30,000.00 |
| Creditors | 8,000.00 |
| Purchases | 16,000.00 |
| Overdraft | 12,000.00 |
| Closing stock | 10,000.00 |
A. #35,000.00
B. #20,000.00
C. #15,000.00
D. #14,000.00
Correct Answer:
Option D – #14,000.00
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