Given opening debtors of 11,500, Sales 48,000 and receipts from debtors 45,000, the closing debtors should total

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Given opening debtors of £11,500, Sales £48,000 and receipts from debtors £45,000, the closing debtors should total

(A) £8,500

(B) £14,500

(D) £18,500

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Frank Woods Business Accounting Volume 1

ISBN: 9780273681496

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Aug 19, 2023 11:32 PM

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Given opening debtors of 11,500, Sales 48,000 and receipts from debtors 45,000, the closing debtors should total

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To calculate the closing debtors you can use the following formula Cl...View the full answer

Frank Woods Business Accounting Volume 1

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