Use the following information to answer the question below. Given the following: Debtors as at...
FINANCIAL
POST UTME OAU
Use the following information to answer the question below. Given the following: Debtors as at 1st March: ?40,000 Creditors as at 1st March:?55,000 Cash received from debtors during the month: ?250,000 Cash paid to creditors during the month: ?180,000 Debtors as at 31st March: ?60,000 Creditors as at 31st March: ?35,000 What is the sales value for the month of March?
- A) ?270,000
- B) ?207,000
- C) ?310,500
- D) ?215,000
Correct Answer: A) ?270,000
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