Accounting 0452 · IGCSE · Incomplete records

Incomplete records — practice question

A trader has not kept a complete set of accounting records. How can she work out the credit sales for the year?

  • Areceipts from credit customers + closing trade receivables - discount allowed - opening trade receivables
  • Breceipts from credit customers - closing trade receivables + discount allowed + opening trade receivables
  • Creceipts from credit customers - closing trade receivables - discount allowed + opening trade receivables
  • Dreceipts from credit customers + closing trade receivables + discount allowed - opening trade receivables

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI