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.

Transcribed Image Text:

1 2 3 Transaction or event Purchase goods paying in cash, 150 items at 4 each and place in shop. 110 items delivered to customers. Those 110 items costing 4 each are removed from the shop. The customers pay in cash. Selling price is 6.50 per item. Position after transactions. Cash Asset Inventory (stock) Ownership interest Revenue Expense +