Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

A business supplied the following figures for one month: credit sales $\$16810$; sales returns $\$1150$; discounts allowed $\$276$; irrecoverable debts written off $\$100$; increase in provision for doubtful debts $\$600$; increase in trade receivables $\$406$. What amount of cash was received from trade receivables during the month?

  • A$\$14278$
  • B$\$14878$
  • C$\$15154$
  • D$\$15690$

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