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At 1 December 20X5 Oishi plc was owed 135,704 by its customers. The company's statement of profit or loss for the year ended 30 November
At 1 December 20X5 Oishi plc was owed 135,704 by its customers. The company's statement of profit or loss for the year ended 30 November 20X6 shows revenue of 734,923 and expenses include irrecoverable debts of 5,237. At 30 November 20X6 the allowance for receivables was 4,236.
At 30 November 20X6 the figure for trade and other receivables shown in Oishi statement of financial position was 165,794.
How much did Oishi plc receive from its credit customers during the year ended 30 November 20X6?
A 705,834
B. 703,832
C. 695,360
D. 691,124
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