What is the amount of total sales of the retailer? (a) 440 (b) 600 (c) 715 (d)

Question:

What is the amount of total sales of the retailer?

(a) £440

(b) £600

(c) £715

(d) £875


The following information applies to question.

The following are business transactions of a retailer:

Purchased 150 items of cost £4 each for cash.

Delivered 110 items to customers for cash at a selling price of £6.50 per item.

image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

Question Posted: