Accounting WAEC

The balance outstanding this year is N300. sales for the year amounted to?

Acquash has sold goods on credit and received N2,200 in cash from debtors. At the end of the previous year N500 was owed by customers. The balance outstanding this year is N300. sales for the year amounted to

A. N2,300
B. N2,200
C. N2,000
D. N1,800
E. N1,700

Correct Answer:

Option D – N1,800

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