Beginning and ending accounts receivable balances were N8,000 and N15,000 respectively. If collections from customers during the period were N36,000, then total sales on account would be

Beginning and ending accounts receivable balances were N8,000 and N15,000 respectively. If collections from customers during the period were N36,000, then total sales on account would be

A N23,000
B N29,000
C N36,000
D N43,000

jamb 1994 accounting

The correct answer is D. N43,000

No explanation given

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