2019-03-22T11:16:29+00:00

An organization is owed £50,000 by its trade debtors

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An organization is owed £50,000 by its trade debtors (receivables) and in relation to its credit sales on 31.12.20X4. During the year to 31.12.20X5, it makes credit sales of £750,000. At 31.12.20X5, it is owed £125,000 by its trade debtors.How much money did the organization receive from its trade debtors and in the year to 31.12.20X5? How will the above information affect the organization’s:


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