The following are the year end balances in a business$$ ledgers:

Sales $$628,000$

Cost of sales $$458,000$

General overheads $$138,000$

Trade Payables $$54,000$

Trade Receivables $?$

Cash on deposit $$61,000$

Capital $$86,000$

If the trial balance balances, what is the missing figure for trade receivables? $($Show all

relevant working$)(6\%)$

Solution: