Multiple choice

Total sales 90,000
Cash sales 20,000
Opening debtors 20,000
Cash received from debtors 20,000
Bad debts 3,000
Return inward 1,000
Bills received from customers 10,000

Debtors at the end will be

  1. 56,000

  2. 50,000

  3. 40,000

  4. 65,000

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
Particulars Debit Particulars Credit
Balance b/d 20,000 By cash 20,000
credit sales 70,000 By bad debts 3,000
    By Return Inwards 1,000
    By B/R 10,000
    By balance c/d (b/f) 56,000