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

  • A D42,795
  • B D41,865
  • C D41,580
  • D D39,720

The correct answer is C. D41,580

Sales = Closing Debtors - opening debtors + cash from customers

= 2145 - 1215 + (40,650)

= 930 + 40,650 + 41,580

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