Question $1$

Points: $1$

A sole trader had receivables of RM$2,700$ at $1$st May and during May made cash sales of RM$7,200,$ credit sales of RM$16,500$ and received RM$15,300$ from his credit customers.

The balance on his receivables account at the end of May was:

A$.$ RM$8,700$

B$.RM3,900$

C$.$ RM$11,100$

D$.$ RM$1,500$