The following information is relevant for questions 20.4 and 20.5.
A、is a sole trader who does not keep full accounting records. The following details relate to her transactions with credit customers and suppliers for the year ended 30 November 20X3. $ Trade receivables, 1 December 20X2 130,000 Trade payables, 1 December 20X2 60,000 Cash received from customers 686,400 Cash paid to suppliers 302,800 Discounts allowed 1,400 Discounts received 2,960 Irrecoverable debts 4,160 Amount due from a customer who is also a supplier offset against an amount due for goods supplied by him 2,000 Trade receivables, 30 November 20X3 181,000 Trade payables, 30 November 20X3 84,000 Based on the above information, what figure should appear in A's statement of profit or loss for the year ended 30 November 20X3 for sales revenue?
A、$748,960
B、$748,800
C、$744,960
D、$743,560
A、is a sole trader who does not keep full accounting records. The following details relate to her transactions with credit customers and suppliers for the year ended 30 November 20X3. $ Trade receivables, 1 December 20X2 130,000 Trade payables, 1 December 20X2 60,000 Cash received from customers 686,400 Cash paid to suppliers 302,800 Discounts allowed 1,400 Discounts received 2,960 Irrecoverable debts 4,160 Amount due from a customer who is also a supplier offset against an amount due for goods supplied by him 2,000 Trade receivables, 30 November 20X3 181,000 Trade payables, 30 November 20X3 84,000 Based on the above information, what figure should appear in A's statement of profit or loss for the year ended 30 November 20X3 for sales revenue?
A、$748,960
B、$748,800
C、$744,960
D、$743,560
【参考答案及解析】
$ $ Opening balance 130,000 Cash received 686,400 Sales (balancing figure) 744,960 Discounts allowed 1,400 Irrecoverable debts 4,160 Contra 2,000 Closing balance 181,000 874,960 874,960
$ $ Opening balance 130,000 Cash received 686,400 Sales (balancing figure) 744,960 Discounts allowed 1,400 Irrecoverable debts 4,160 Contra 2,000 Closing balance 181,000 874,960 874,960