Use the following information to answer the question below
April 11:Sold goods for cash N50,000
April 20: Bought goods for cash N30,000
April 26: Bought postage stamp N5,000
April 28: Cash sales N49,000
April 29: Cash purchases N11,000
April 30: Paid salaries of N18,000
A. N99,000
B. N64,000
C. N50,000
D. N35,000
Correct Answer:
Option A = N99,000
Explanation
cash receipts = 50,000 + 49,000 = 99,000
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