9/The business has the following transactions for the month of May 2019. 9- Sold goods and received cash of RO 2,750 11- Received commission of RO 750 17- Received cash from KR traders of RO 3,300 for the goods sold on May 4 2019, on credit. 19- Sold goods to Rainbow traders and received cash of RO 3,250 Calculate and show the amount which will be transferred to the Cash sales column in the cash receipts book for the month of May 2019? a. RO 750 b. RO 6,000 c. RO 3,300 d. RO 3,500
9/The business has the following transactions for the month of May 2019. 9- Sold goods and received cash of RO 2,750 11- Received commission of RO 750 17- Received cash from KR traders of RO 3,300 for the goods sold on May 4 2019, on credit. 19- Sold goods to Rainbow traders and received cash of RO 3,250 Calculate and show the amount which will be transferred to the Cash sales column in the cash receipts book for the month of May 2019? a. RO 750 b. RO 6,000 c. RO 3,300 d. RO 3,500
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 5PA: Inner Resources Company started its business on April 1, 2019. The following transactions occurred...
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9/The business has the following transactions for the month of May 2019.
9- Sold goods and received cash of RO 2,750
11- Received commission of RO 750
17- Received cash from KR traders of RO 3,300 for the goods sold on May 4 2019, on credit.
19- Sold goods to Rainbow traders and received cash of RO 3,250
Calculate and show the amount which will be transferred to the Cash sales column in the cash receipts book for the month of May 2019?
a.
RO 750
b.
RO 6,000
c.
RO 3,300
d.
RO 3,500
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