Question
C. You are given some information about X SA .. The company had, among other things, at the beginning of the year the following Balances:
C. You are given some information about X SA .. The company had, among other things, at the beginning of the year the following Balances: Customers 70,000, Checks receivable 45,000, Inventory 20,000, Suppliers 60,000 and Bills payable 25,000. During the year Sales were made 210,000 with Cost of goods Sold 120,000. At the end of the year there were the following Balances: Customers 75,000, Checks receivable 55,000, inventory 30,000, Suppliers 55,000 and Bills payable 23,000. It is requested to find the "Customer Receipts". (money received from customers)
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