Use the following information to answer the question given
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{Creditor} & 2,495 & 2,285\\ \text{Debtors} & 1,215 & 2,145 \\ \text{Cash paid to creditors} & – & 32,170\\ \text{Cash received from customers} & – & 40,650\\ \text{Goods returned to suppliers} & – & 500\end{array}\)
Sales for the year is
- D42,795
- D41,865
-
D41,580
- D39,720
The correct answer is: C
Explanation
Sales = Closing Debtors - opening debtors + cash from customers
= 2145 - 1215 + (40,650)
= 930 + 40,650 + 41,580