5/The business has the following transactions for the month of May 2019. 9- Sold goods and received cash of RO 2,750 11- Received commission of RO 750 17- Received cash from KR traders of RO 3,300 for the goods sold on May 4 2019, on credit. 19- Sold goods to Rainbow traders and received cash of RO 3,250 Calculate and show
5/The business has the following transactions for the month of May 2019. 9- Sold goods and received cash of RO 2,750 11- Received commission of RO 750 17- Received cash from KR traders of RO 3,300 for the goods sold on May 4 2019, on credit. 19- Sold goods to Rainbow traders and received cash of RO 3,250 Calculate and show
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter5: Accounting Systems
Section: Chapter Questions
Problem 9E: Transactions related to revenue and cash receipts completed by Sycamore Inc. during the month of...
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5/The business has the following transactions for the month of May 2019.
9- Sold goods and received cash of RO 2,750
11- Received commission of RO 750
17- Received cash from KR traders of RO 3,300 for the goods sold on May 4 2019, on credit.
19- Sold goods to Rainbow traders and received cash of RO 3,250
Calculate and show the amount which will be transferred to the total column of Cash receipts book for the month of May 2019?
a.
RO 3,300
b.
RO 750
c.
RO 10,050
d.
RO 3,500
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