I want to correct answer general accounting 3. A business s debtors in March total 10 000. Duringthe month of March, the business receives 6,000from its debtors, and the total of debtors on 31 Marchis 12000. The credit sales for the month musttherefore have been:......................

Step 1: Define ReceivablesIn accounting, receivables (accounts receivable) are amounts of money owed…

Answered: 3. A business s debtors in March total…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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3. A business s debtors in March total 10 000. During the month of March, the business receives 6,000 from its debtors, and the total of debtors on 31 March is 12000. The credit sales for the month must therefore have been: ............ ..........