What is total revenue for the period in which credit sales are $20 000, cash sales are $16 000 and $15 000 cash is received from a customer as a deposit for work done in the next period?
A) $16 000
B) $34 000
C) $36 000
D) $51 000

Question

Quizplus · Accepted Answer

Total revenue for the period would be: 
Credit sales + Cash sales + Deposit received = $20 000 + $16 000 + $15 000 = $51 000

Therefore, the correct answer is choice C.

What Is Total Revenue for the Period in Which Credit