Costas business had debtors of 100 at 1 February 2007 and 90 at 31 January 2008. Credit

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Costa’s business had debtors of £100 at 1 February 2007 and £90 at 31 January 2008. Credit sales amounted to £790 and cash received from debtors was £770;

a bad debt of £10 was written off. How much discount was allowed to customers during the year?

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Financial Accounting A Practical Introduction

ISBN: 9780273714293

1st Edition

Authors: Ilias Basioudis

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Question Posted: May 31, 2024 03:01 AM

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Costas business had debtors of 100 at 1 February 2007 and 90 at 31 January 2008. Credit

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Financial Accounting A Practical Introduction

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