Use the following information to answer question below
April 11:Sold goods for cash N50,000
April 20: Bought goods for cash N30,000
April 26: Bought postage stamp N5,000
April 28: Cash sales N49,000
April 29: Cash purchases N11,000
April 30: Paid salaries N18,000
Total cash receipts for the period is
-
N99,000
- N64,000
- N50,000
- N35,000
The correct answer is: A
Explanation
cash receipts = 50,000 + 49,000 = 99,000